Positioned on a 640 sq m section, 602A & B Worcester Street presents an attractive opportunity for investors or owner-occupiers seeking a versatile dual-income property with future development potential.
The property comprises two well-presented, self-contained flats, substantially renovated in 2013. Each dwelling features a modern open-plan kitchen and living area, two bedrooms and a bathroom, while the rear flat also includes a double garage, providing secure off-street parking and excellent storage.
Both flats are currently tenanted on a periodic basis returning $48,100 gross income per annum. This provides a combination of dependable rental income and flexibility for a future owner.
Adding further appeal is the property’s High Density Residential zoning, providing potential for future intensification, subject to the relevant planning and development requirements.
With two income-producing dwellings, established tenancies and the potential for future rental growth and development, 602A & B Worcester Street offers an appealing opportunity to diversify investment risk while positioning for long-term capital and income growth. A smart addition to any property portfolio.
For sale by Deadline Private Treaty: 4pm, Wednesday 7 October 2026 (unless sold prior).
*Boundary lines are indicative only.
Features:
- $48,100 gross income per annum
- Tidy and well maintained
- 2 tenancies (periodic)
- Good local amenities and schools
- High density zoned land
- Renovated in 2013
- 145 sq m floor area (approx)
- Healthy home certified
- Dual income opportunity
More information: https://www.colliers.co.nz/p-NZL67042111
