Subdividable Cash Flow 1540m2. 7 Beds, 5 Baths, 4 lounges.
House Sold - Mangerge South Auckland
Massive House on Massive freehold Subdividable Land
7 Bedrooms, 5 bathrooms, 4 Living areas on 1540m2 Land.
$1,198,000. (All Agents welcome, please remember to add your fee to this price)
Jordan Road, Mangere
Bedrooms: 7 (5+2)
Bathrooms: 5 bathrooms (2 of them are ensuite )
Living area: 4 separate areas?
Floor area: 318m2?
Off street parking: Yes for many cars, trailers/boat within the electric gate
Walls/Cladding: Weather Board
Double garage and workshop, Internal access
Driveway width is over 3.6m so wide enough to subdivide.
Vacant Settlement: 2rd Dec 2016
Rent as a whole house: $750pw+
Rent as room by room: $1,400pw++ More is you use some of the lounges as rooms.
As is, it can be cut into 3-4 sites right now.
The original proposed unit plan had it down to become terraced housing but the government upgraded this to apartment zoning at the last minute. This has been appeal on the basis that the review period was skipped and should not have been zoned apartments without the normal review period. The end result will be 1-2 years away, But it is likely it will be either: terraced housing OR Apartments. Either way this land will double or triple in value once this is sorted.
This 7 bedroom, 5 bathroom (includes 2 ensuites) has a modern kitchen with 4 separate living areas. It has a lovely backyard with a deck and water feature.
It includes a double garage, workshop and lots of off street parking within the electric gate.
This house is suitable for a large family or you can rent this as is or room by room for maximum rental return.
Located just a few minutes away from local shops, schools, motorway and colleges. This provides great convenience whether you are working near the Air Port or in Manukau or Auckland City.
- 7 bed
- 5 bath
- 4 rooms
- 2 Parking Spaces
- Land is 1540 m²
- Floor Area is 318 m²
- 2 Garage