HOME AND INCOME OR DEVELOPMENT OPPORTUNITY

Sold - Kilbirnie Wellington

This property presents a wonderful opportunity to invest in a great location that currently has a stand alone large family home then at the rear a very tidy two flat multi unit property with two bedrooms upstairs and one bedroom downstairs.

Zoned as medium density could allow for a clean slate to develop 50% of the land coverage, potential for subdivision or live in the family home and continue to rent the two flat property providing a good return.

Features include:

Main House

• Large tidy kitchen with great bench space and plenty of storage
• Dining flows from kitchen
• Spacious separate lounge or fourth bedroom with large windows for great light and sun
• Three good size bedrooms with built-in wardrobes
• Good sized bathroom with wet area shower and separate laundry
• Disabled access, glass house and single garage plus off-street for one car
• Rental Appraisal $850 – $900 pw

Top Flat

• Open plan living/dining
• Stylish modern kitchen
• Two double bedrooms with built-in wardrobes
• Large bathroom including laundry
• Single garage and off-street parking for one car
• Currently rented $595 pw fixed until 7/2/22

Bottom Flat

• Open plan living/dining with a functional kitchen
• One double bedroom
• Bathroom includes laundry
• Currently rented $350 pw fixed until 1/12/21
• Off-street parking for one car

Don’t miss this opportunity to secure a great home with good income from the two flat property or investigate the development path making the most of the medium density zone. Fantastic location being walking distance to Kilibirne village, supermarket and amenities plus main bus route into the city centre and Lyall Bay beach only a few minutes drive.

Tender closes 3pm Wednesday 10th February 2021 at Tommy’s Real Estate Ltd, 209 Victoria Street, Wellington.