Collect the Rent While Sorting Consents
A goldmine of opportunity where you can invest or reside in go-ahead Morningside in a side by side two dwelling property on a now impossible to find 796sqm section.
Both units feature two bedrooms with open plan kitchen, dining and lounge sited on separate titles with fibre, power and water at the gate and a wide road frontage for easy tradie accessibility.
Currently returning $1,150 per week ($575 each) from tenants keen to remain with mixed housing/suburban zoning facilitating the construction of two-level detached or attached housing (subject to consents and the usual approvals).
Any property built here will hold immense attraction to a broad demographic of buyers from families, professionals and active downsizers with handy connections to Western Springs, motorways, Grey Lynn, Kingsland cafes and the train station just 700m away.
Sited in a central city-fringe location with options to inhabit or collect the cash while talking to the Council over options to develop - a rare find that will be snapped up in no time -
We look forward to seeing you at our open homes.