Investment/Development Opportunity.
Tightly held by the same family for the past 40 years, the opportunity has arisen for new owners to take advantage of this unique property. Seize the chance to own two brick and tile units on a 758m2 freehold title in central Glenfield. Built in the 1970s, they have been well looked after and modernised over the years but there is scope to add further value if desired.
Each unit offers two bedrooms (one double, one single) combined living and dining areas, a combined bathroom/WC, and an internal laundry. They each have a single lock up garage.
The front unit is currently vacant and has recently been refurbished. Both of the kitchens have been updated but there is still further potential to add further improvements. The rear unit is tenanted to a long term tenant who has been there five years.
Astute investors who want to add to their portfolio, owner occupiers looking to live in one and rent out the other, or a family wanting extended family to live next door, should be viewing these two units. Land bankers and developers may want to explore the further possibilities this site offers (subject to Council and Town Planning regulations) as there is a good size back garden at the rear of the units. It is Mixed Housing Suburban Zoning under the Unitary Plan.
Located on the Northern side of the Ridge, the property is walking distance to local schools, two bus stops are close by within 100m plus Glenfield Mall and local amenities are just a few minutes drive away.
These units are sure to attract good interest, so don't delay securing your private appointment to view or come and visit us at the open homes.
