Opportunities like this do not come often, Live peacefully in a large home plus collect rentals of $1,100 a week! It is REALLY RARELY found!
Discover luxury in this 440m² residence, perfectly positioned on a generous 1,323m² property in the heart of Castor Bay. The mixed section is with dual entrance from two streets under residential-Mixed Housing Suburban Zone, Check the huge potential with local council.
The main house sits on the upper level with its own private driveway from Aberdeen Street. It features four double bedrooms, two bathrooms (one is ensuite), large family room and spacious lounge, both with expansive panoramic views out to the Hauraki Gulf and Centennial Park. The home is designed to accommodate large families or those seeking ample space. The modern kitchen seamlessly flows into multiple living areas, creating an ideal setting for both intimate gatherings and larger entertaining. Step outside to a private oasis featuring a deck and a gorgeous swimming pool, perfect for relaxation and leisure. With a large parking space/car port and storage are abundant. This home is idyllic for children to play in safety and for entertaining friends and family.
The lower level offers two separate units with access from the back street. One is a one bedroom unit and the other one is a two bedroom unit. Both units have their own kitchen and bathroom facilities, and separate living spaces that easily accommodate extended families, teenagers or homestays - or just keep as is and keep the current tenants that produce stable income while living on the upper level. The rent weekly is $500 plus $600.
Optionally as an investor you can rent the upstairs main home as well. Currently it is rented for $1,200 weekly which generates cash flow of $2,300 a week in total. So many options!
With bushwalks through Centennial Park at the end of the road, Campbells Bay tennis club within walking distance and Pupuke Gulf Club a short drive away, there is something to keep the whole family active.
The location is perfect - private, sunny, breath-taking views, easy motorway access, a hop skip and a jump away from popular beaches throughout the Bays. Excellent school zones; Campbells Bay Primary, Murrays Bay Intermediate and Westlake Boys' and Girls' High School.
It is the perfect lifestyle for any family who appreciates quality and location.
There is so much potential here, it is perfect for extended families, investors and those with an eye for opportunity to develop. Land of 1323 square meters is your next landbank!
