HATAITAI - CHARACTER HOME & INCOME OR INVESTMENT

Do you demand traditional real estate, built using tried and true construction methods?

Are you looking for a superior location with fantastic views?

Do you want a solid home in a great neighbourhood, something with a twist, where you can add your own touches and have a large chunk of your mortgage paid for by the flat downstairs?

This wonderful property demands your attention NOW!!

Check out everything that is on offer:

ORIGINAL HOUSE UPSTAIRS:
* 3 bedroom home (or 2 bedrooms with 2 living rooms) with character features largely intact
* Very tidy as is, but it would respond beautifully to renovations when your budget permits
* Open plan kitchen / living with access to generous deck and fantastic sea views
* Excellent morning and day-time sun
* Potential for drive-on parking (subject to council consent)
* Near new roof and recently painted
* Potential for additional landscaping improvements to create further outdoor living
* Ideal as a home
* Would rent for circa $480pw (TBC)

SELF-CONTAINED FLAT DOWNSTAIRS:
* Built from scratch circa 10 years ago
* All double glazed & insulated - nice and warm!
* All in excellent condition
* Good flow onto generous deck with fantastic sea views
* Sea views and access to deck from every room - living room and both bedrooms
* Currently rented for $340 on a periodic tenancy
* Market rent circa $360-380pw (TBC)

INVESTORS:
This is a fantastic combination of brilliantly located, double income, well maintained, traditional free-standing real estate. You will attract good quality tenants due to the character, condition and views, and enjoy sound capital growth from good quality real estate.

HOME BUYERS:
If you thought you could not afford to buy in a superior location with great views, THINK AGAIN! The current rent of $340pw from the downstairs flat, will pay the interest on $272,000 of your mortgage, assuming interest of 6.5%. This makes this home VERY affordable indeed! Why spend $350k - $400k and get a very ordinary home in an inferior location, that you will want to move out of in a few short years, when you can buy an attractive house in a very desirable location with stunning views, that you can hold as a long term investment for your retirement fund???

Properties meeting all these characteristics are presented rarely, so view immediately to avoid disappointment!