Positioned at the gateway to sought-after Te Horo Beach, this well-located property offers a smart blend of immediate income and future potential.
Comprising two mirror-image flats built in the 1960s, each offers a practical layout with a double bedroom plus a single bedroom or office, making them ideal for tenants, guests, or flexible living arrangements.
The eastern flat has been internally renovated, featuring a new kitchen and bathroom (with separate W/C), fresh interior, wooden plank flooring, fully repainted and complete exterior paint, with its own new water tank supply. Move-in ready, it provides a comfortable and modern living space.
The western flat interior remains original with bore water supply and is currently excellently tenanted, delivering a reliable weekly income, making this an attractive option for investors or those looking to offset their mortgage while adding value over time.
Set on a low-maintenance site with an easy-care front section and shared rear lawn, the property is just a short stroll to the much-loved Bus Stop Cafe and only a few blocks back from the beautiful stony shoreline of Te Horo Beach.
Whether you’re seeking a home-and-income opportunity, a renovation project with upside, or a double dwelling setup, this is a property that offers flexibility in a truly special coastal setting.
Viewing by appointment, first open home *Easter Monday*
Photos depict the eastern end of the flats only. Infinity hot water eastern flat, electric hot water western flat.
Call Derek Kelly 0210 832 6460 or Tracey Savage 022 429 9779 to view.