Invest, Renovate, Develop or Landbank, a Property with Potential.
• Zoned High Residential / Visitor
• 617sqm (more or less)
• Prime location
• Three dwellings on one title
• Current rental income: $1,260 per week
The property includes a four-bedroom home at the front, in its original condition and currently tenanted. At the rear are two two-bedroom units - one has seen some renovation, but both remain largely original, and both are tenanted. This central location is within walking distance to the CBD, Supermarkets, Waikato Stadium, and River Walks.
This is a setup packed with options. Renovate and Add Value, Redevelop, Landbank for the Future, or live in one while the others help pay the mortgage. However you look at it, opportunities like this don't hang around long.
