Features
- Home & Income
For the buyer the choices are extensive. Essentially a 3 / 4 brm home with a self contained flat attached.
Do you want a family home with an income which will pay the ground rent? (Yes, it’s leasehold,) but offers enormous value to anyone requiring good sized accommodation at an affordable price and yes, the property can be freeholded now or later - your choice!
Would you prefer a family member to occupy the self contained flat - independence for the teenager perhaps but still close.
Investors, would you like to enjoy the double income from a family home plus the S/C flat, which for the initial capital outlay would show an excellent return. Or, use the ongoing income to pay for the freehold.
Ripe for renovation. Occupy now, modernise at your leisure.
At a Glance
- Home & Income
- 3 large bedrooms, study, separate living areas,
- 1brm S/C flat
- D.I.Y. Dream - plenty of potential
- 910m2 bordering Rutherford Reserve
- Investors opportunity too – Let house and flat
- Currently leasehold – great value – Freehold if you choose
- Garden and deck access
Legal Description
Lot 3, DP 61983, CT 18A/680
Land Area
910m² Site
Description
Leasehold - Section
Freehold - Home & Income
Viewing: Saturdays 11.00am to 12.00 noon or by appointment
About Drummond & Karen Guy
Drummond & Karen have been business partners for over 20 years. Both came from independent real estate backgrounds but combined their talents originally to establish the first of the major NZ real estate chains. The success of this venture lead to a 2 year contract in New South Wales to extend the organisation further.
Their broad ranging involvement in the real estate industry has continued since their return to New Zealand. For many years they have both been involved in the real estate training industry in all aspects of effective real estate practice. Until recently they also conducted 5 to 6 3 Day Auctioneering Training courses per annum.