Investment, Development or Family Home
The opportunities are endless with this spacious 1950's home on a 250m2 flat section.
Currently configured as a 6 double bedroom rental property with 2 bathrooms and an open plan kitchen/living room, it is rented out at $1,400 per week along with the single garage and car pad out front.
The current owner has investigated with the Wellington City Council, and believes that a second dwelling can be built on the section at the back of the current home. They have had concept plans drawn up for a 2 storey, 5 bedroom home with 2 bathrooms and an open plan living room. This could almost double your income as an investor or provide you with a brand new home with a substantial income from the front house.
Alternatively you could renovate the current home and create a magnificent family home with off street parking and a large garden - hard to find in Mt Victoria.
Tender Closes 8th November 2018 at 2pm at Just Paterson offices, 11 Tory Street, Te Aro.