This spacious property features three bedrooms upstairs, providing ample space for a growing family or for accommodating guests. With two toilets on the upper level, convenience is at the forefront of this home's design. The bonus addition of a self-contained studio bedroom downstairs offers flexibility for hosting guests or generating rental income. This studio unit has its own bathroom and kitchenette, making it an ideal space for a tenant seeking privacy and independence. With a current rental income of $350 per week, this self-contained unit has the potential to offset mortgage payments or provide a steady stream of supplemental income. The rental appraisal for the upstairs is $650 per week, combining a total potential rental of $1000 per week. For those considering investment opportunities, this property is fully consented for medium-density development and has the potential for subdivision. With increasing demand for housing in urban areas, this property presents a lucrative opportunity for savvy investors looking to capitalize on the current real estate market. To sweeten the deal, this property can come semi-furnished, saving buyers time and effort in furnishing their new home or rental unit. Whether you choose to live in the main house, rent out the studio, or pursue a development project, this property offers endless possibilities for customization and investment potential.
Download available files at https://www.keyrealestate.co.nz/house-for-sale/58-edmund-road-mangakakahi-key10419