Rent, Reside, Build
Large freehold land size of 958m2 - Potential here, the minor dwelling with carport has already been built and only the large garage remains.
Owner has left you to decide whether to reside, rent, land-bank or build your dream home (subject to council approval).
Minor Cottage - features 2 bedrooms, (1 double, 1 single) tidily presented with its own fully fenced spacious yard and double carport. Options here, reside while you build your dream home, use for extended family or keep as a rental investment. Decorated in neutral tones throughout with spacious open plan living areas. The cottage is both nifty and thrifty, light and bright. Kitchen with cook-top, oven, range-hood and dishwasher. Master bedroom features semi-ensuite into the bathroom.
Currently under a periodic tenancy agreement, to a tenant who is keen to stay.
Garage - approx 165m2 in size (more or less) has been converted over time to include several rooms. Formerly a mechanics garage, it offers plenty of extra space for a hobby room, workshop or storage. There's more than meets the eye here, you may be nicely surprised. Currently rented under a periodic commercial agreement to lease, with a tenant who is keen to stay.
Separate power and water meters for both buildings.
Earning $39,156 per annum, savvy investors will recognise the yield on this great investment. Come saviour the potential and opportunity that this property represents.
LIM and property pack on hand.
Open homes: Sundays 11.30-12.00pm and Tuesdays 3.00-3.30pm
Auction - In rooms Ray White Manukau (by digital telephone bidding) Thursday 22nd Oct, 6.00pm (unless sold prior)