ASKING PRICE $639,000 PER UNIT. Owned for coming up 35 years, this is a proposition dripping with opportunity. Comprising of two side by side properties, you could purchase one or purchase both. Upon viewing it will not take long to realize that this property was built in the heyday of solidity in construction. It is standing steady and ready for someone to add easy value.
One large benefit of owning both would be the ability to explore the potential with the land. 1146 square meters of prime, sunny, west facing terra firma with an amazing outlook is hard to find. An opportunity for further development is a possibility, subject to the purchaser undertaking any and all due diligence around this.
Both properties are currently tenanted and have been long term. They have the ability to be configured as two or three bedrooms each due to the fact that there are two living spaces in both. One of these living spaces has been used as a third bedroom in the past.
As previously mentioned, with good elevation and facing west, you are graced with both sun and views. An outlook down the valley, across Cook Straight to the South Island is something you will never tire of. Both properties have covered decks that make the most of its position.
Don't wait for another 35 years, now is the time!