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Otahuhu - Cash Cow With Development Potential
Price | $1,080,000 |
Location | 7 Ronaki Road, Otahuhu |
Type | House |
Bedrooms | 3 |
Bathrooms | 1 |
Land | 685 m2 |
Listing No # | 898147 |
Listed | 6/09/2024 |
Views | 45 |
Description
This family-friendly home offers great functionality at an affordable level and offers a fantastic opportunity for buyers looking for a tidy family home or investors with an eventual development project in mind.
Situated on a generous 685 sqm mixed housing suburban freehold flat site, this three-bedroom, one-bathroom weatherboard home is in good condition having undergone an interior renovation in 2021. Boundary measurements are approximately 20 metres width and 34 metres long.
You could also explore the development potential of this property, subject to council approval, in an area that is rapidly growing and evolving. The current tenants are keen to stay on, so you can enjoy the income stream while you make your plans.
This home is conveniently located close to Otahuhu township, trains, and public transport. Whether you are adding to your current portfolio or just starting out, this is a great investment opportunity that shouldnt be missed.
Act quickly to secure this property before someone else does.
Please note: Images shown are concept plan photos only