Address

address here

Contact Tony 

131 - 133 The Parade

RV

Price

Bedrooms

Bathrooms

Floor Area

Land Area

$730,000

To be sold by tender

6

2

290 sqm

382 sqm

Calling All Profit Seekers, Investors & Developers

 

All consents approved, so the hard work has been done!

The plans have been drawn up, resource and building consent (including sub-division approval) granted to convert the existing two shops and two multilevel flats into something spectacular. The plans are for two 4-bedroom homes plus commercial street frontage with two shops or offices. The anticipated rental return on completion is $145,000 per annum.

After going through the consents process, a change of circumstances requires the current owners to sell, providing you a unique opportunity to reap the real rewards plus a healthy profit.

The current rental return is over $55,000 per annum. This can be further increased by leasing the second commercial unit while development plans are finalised.

The options are to retain as is. Complete & live in one while renting 3 units; home plus office or shop + rentals; rent them all. So many options equals one huge opportunity. So get your measuring tape out and call the vendors exclusive agents to secure your private viewing.

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Enquire about this Property

Tony Cramond
 

 027 448 5301
+64 4 499 0699
tony@tonycramond.co.nz

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