Development Opportunity

Great rental potential
799 square metres land, zoned mixed house suburban.
The home has three bedrooms with kitchen and living room on the main level. Downstairs there is another room and a garage which has been fitted with glass sliding doors, this is now a storage area but could convert back to a garage or another use with council approval

One of the special features this home offers is the separate 60m purpose-built studio, originally used as an early childhood classroom with a toilet and shower. With the correct council consents, it has potential to be converted into a 1 or 2 bedroom studio.
The home has been in one family for 24 years and now is ready to be renovated and adapted by a new owner. Alternatively, the suite could be developed, with council approval, the site could be subdivided and two homes built.
Rental potential and the possibility to earn more than one income source.
Zoned for Stonefields School and Selwyn College
Easy access to public transport.
This property will be sold. Owners are relocating.

To be Auctioned 6.30pm 24 May 2017, In Rooms 136 Broadway, Newmarket (unless sold prior)