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For the first time on the market after 30 years of ownership, this dual-income property enjoys a prime position in the picturesque enclave of Old Frankton. Not only does the property offer a lucrative dual income stream, but it also boasts unparalleled views and an enviable location. Bathed in sunlight all year round, residents can bask in the natural beauty of the area, with breathtaking vistas of the majestic Remarkables on one side and the shimmering waters of Lake Wakatipu on the other.
Sitting on a substantial 829 square metre section, the property comprises a spacious main dwelling with three bedrooms, one bathroom, and an additional space currently outfitted as a sun lounge room, providing ample space for comfortable living. Additionally, a separate one-bedroom unit offers flexibility. This property presents a rare find with its incredible potential for dual income streams. Properties of this calibre are a rarity in the market, making this an exceptional opportunity for developers, builders, or astute investors seeking both immediate rental income and future development prospects.
Its prime location ensures convenience and accessibility, with amenities, schools, and recreational facilities just moments away. The convenience is enhanced by a single garage featuring a workbench, which provides secure parking for vehicles. Additionally, the ample space on the property allows for extra parking or outdoor recreation areas.
Whether you're looking to enhance the existing structures or embark on a new project, this property provides the perfect foundation to unleash your creativity and maximise returns. Don't miss out on this extraordinary opportunity to secure a property with dual income potential in a highly sought after location. Contact us today to arrange a viewing and explore the endless possibilities that await with this exceptional property.