Cash Flow & Land Bank or Subdivide. $799k
House Sold - Manurewa East South Auckland
Attention: Traders, Buy & Hold Land Bankers / Investors
Light Do-up, 3 Bedroom, 1 bathroom, 948m2 of land
Yes, Cash Flow & Land Bank in the same sentence.
You can build 2 new homes without moving the existing house or just sit and collect the rent as it is. Why save when you can land bank like this?
Price: $799,000.00 (All Agents welcome, please remember to ad your fee to this price)
Bathrooms: 1 (separate toilet)
Off street park: 2
Floor area: 110m2
Walls/Cladding: Weather Board
Settlement: 7 weeks
Sold Vacant or with tenant paying $450 per week
Do it up now for a profit OR Do it up later when you have some spare money all the while sitting on a large piece of Auckland Real Estate with income. This is land banking at its finest.
Huge potential on offer here with the ability to add real value and even more Cash Flow.
Zoned Mixed Housing Urban this 948m2 (approx) site has the ability for further development with/subject to necessary consents. We have a professional report from an experience, qualified surveyor saying what development can be done including retaining the existing house and construct two new homes, 1 in front and 1 behind the current residence OR demolish the original house and A; build 3x new 4 bedroom houses OR B: 4x new 3 bedrooms homes.
Surveyors report available. All Builders reports welcome.
This is a lovely home with 3 spacious double bedrooms, sitting on a large 948m2 north-facing site. The living and kitchen are open plan and it has one separate bathroom and toilet. There is a single garage on the lower level.
The back door leads to a private fully fenced area, which is great for hosting guests during summer for BBQ and safe for kids and pets to play. There are lots of space for gardening and plenty of storage room to keep all your toys.
The location of this property is great, within close proximity to local shops in Manurewa Village & public transport and 20mins drive to Auckland Airport. Bus stop is at your doorstep and great access to both North & South Motorways.
- 3 bed
- 1 bath
- Built 1965
- 1 Parking Spaces
- Land is 948 m²
- Floor Area is 110 m²