Information Pack - Click on the following link: https://www.propertyfiles.co.nz/property/L36475256
What a cracker of a property we have at 300 Cranford Street in St Albans directly opposite Placemakers.
A great east west section of 878sqm with a 2014 relocated and consented Lockwood style three-bedroom home at the rear of the site. This is a very tidy double-glazed home with a healthy homes tick, well fenced and a sunny open plan living area that flows to the north facing outdoor area.
Our owner of more than 10 years has recently obtained a resource consent to build a further two homes of approximately 173 m² each on the front of the section.
These two new homes are designed with three bedrooms, two bathrooms plus an internal access double garage. This property has a cash cow written all over it.
Your options are:
- Live in the rear home and build the 2 homes in front and keep all three as an investment
- Sell off the back house after some landscaping, then develop the front.
- Build the front two townhouses and sell them off individually.
- Hold onto the property as it is and rent or live in the back until you decide what you would like to do
A new opportunity is on the horizon hence the motivation and cash does talk here.
Note this property is for auction, the owner is not GST registered, and he reserves the right to bring the auction date forward with an acceptable offer.
Viewing is available by appointment or through the open homes.
Information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy.