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Melling, 11 Pharazyn Street



Impressive Investment

By Negotiation

House Area: 420 m²
Land Area: 846 m²
Property Description:
This is a lovey property, with a lot of potential. The size and configuration of the property is quite unique and would appeal to investors, large families and people looking for a home and income property. The yield on this property will excite astute investors.

The main house is spacious and offers multiple living areas and private bedrooms. Currently offering dual access from the motel office or main entry and accommodating the laundry for the motel. The ground level of the main house is dedicated to living with a large open plan kitchen/dining room with walk in pantry and easy access to the conservatory. The living room is very spacious and has doors opening onto the back yard and deck. There is plenty of storage space, an office or additional bedroom, very large laundry rooms and a family bathroom located under the main stairwell.

A sunning rimu staircase with stained glass window leads you upstairs to the four bedrooms (3 doubles & 1 single), family bathroom and separate w/c. There is ample storage cupboards upstairs and easy access to a 5th master bedroom (or additional studio unit) with ensuite and kitchenette which has separate access and is occasionally used for additional guest accommodation.

The main house has retained many character features including high ceilings, stained glass windows, timber paneling and quality doors.

There is ample off street parking for the residents of the main house, a single garage and a private back yard which is positioned to enjoy sun throughout the day.

The 7-8 studio units are attached and currently provide motel accommodation. Each unit has a private bathroom, kitchenettes (5 with hotplates), hard wired smoke detectors, heaters and a car park.

Viewings Are Strictly By Appointment.