Central Home & Income + Subdivision Potential
This inner-city property offers an exciting range of possibilities for development - or the opportunity to move in to a solid character home along with an additional income from the separate flat.
Owner Evan had extensive plans to develop the 809sqm property by purchasing half the next-door neighbour's back yard, intending to build flats and an Airbnb.
"The next-door neighbour wants to sell half of his property to us. With the extra 400sqm, there's potential to make this property 1200sqm. It's a developer's dream," Evan says.
The central location cannot be faulted. It is easy walking distance to the CBD. Boy's High is just up the hill, as is the Taranaki Polytech, while Girls' High is a couple of minutes' walk away. Te Henui Walkway takes you down to the Coastal Walkway and the beaches.
RV $430,000