Looking for a three bed single level home on the flat of Orewa close to the shops? Then this could be for you. Requiring a little modernisation this could be the perfect home and with a separate flat upstairs bringing you in around $450pw, what an opportunity! Situated in the extremely sought after Business - Neighbourhood Centre Zone, the property is currently used as two flats, a three bedroom ground floor and a 2 bedroom first floor, with a large garden area which would make ample parking if you chose to convert to a commercial premises. "Provisions typically enable buildings of up to three storeys high and residential use at upper floors is permitted." This is great opportunity on this freehold site to either further develop, convert to a large family home in the best location, change to commercial/retail or just sit back and leave as two well earning flats - better than having it in the bank, around 4.5% return!! The flats have recently been rented at $465pw and $445pw and have an upto date insulation certificate. We know the interest will be big on this one, so call me now and lets get you one of the best buys on the market in the ever popular Orewa township. A very easy flat walk to the shops, beach, cafes etc makes this location, opportunity and investment an amazing buy for the savvy buyer.
Sunday 8 Dec 1:00 p.m. - 1:30 p.m.
Sunday 15 Dec 1:00 p.m. - 1:30 p.m.
Approx Floor Area: 420 sqm
Land Size: 627 sqm
Property Type: House, Block of units
Property condition: Good
Garaging / carparking: Tandem, Single lock-up, Open carport