Must Sell - Reside, Landbank or Redevelop
Retiring landlord says Sell! Conveniently located within walking distance to shops and services this five bedroom home is currently configured as two flats on 480 sqm of RMD Land (L3) and was previously returning $600 per week, this income level will support a good level of borrowing and you could live in one, and rent the other to cover the mortgage. Good off-street parking and a double garage.
Options here are to landbank now or take advantage of the current market and re-develop .(subject to the necessary Council and Resource consents)
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