Look no further than this property, packed with potential and perfect for multi-generational families or yield-focused investors. With a versatile floorplan designed to maximize occupancy, this property offers a unique opportunity in an area where rentals are in high demand. A tenant is already in place and keen to stay, making this an even more attractive investment.
Although the property shows signs of wear and tear, it's a golden land bank opportunity waiting to be realized. Spanning three levels, the floorplan offers a variety of living spaces:
Ground Level rear: Originally set up as a workshop, this space has been converted via non load bearing walls into three rooms with a shared bathroom (can be converted back). This level also accommodates a storage room with plumbing, and a laundry area.
Middle Level rear: Added in the 2000s, this studio features two rooms, a kitchenette, living area, bathroom and it's own heatpump.
The Main House at the front: Set out over two levels this property includes four bedrooms one of which with an ensuite, a second bathrooms, kitchen, living and dining area.
Heat pumps have been installed for year-round comfort.
The exterior boasts plenty of space for parking and entertaining with various different decking's and plenty of section, adding to the property's appeal.
Situated in a hot location, this property offers tremendous value and potential. Don't miss out on this rare investment opportunity!
Call Mark Keesom 027 533 7661 for more information
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.