Rārangi Hou
This property is perfect for those looking to take on a renovation project or capitalise on its development potential. With the current zoning allowing for multiple dwellings (STCP), developers can explore the possibility of building units or townhouses, subject to council approval.
Alternatively, a skilled builder could restore the existing home to its former glory or create something entirely new.
Investment Potential:
? Ideal for developers looking to create a boutique multi-dwelling complex
? Strong rental yield potential in the self-contained flat
? Surrounded by established homes, this location is highly sought after and presents long-term growth opportunities
Key Features:
? Land Size: 1012m?, offering plenty of room for redevelopment
? Existing Home: A character-filled 3 bed1920s home requiring renovation or knockdown
? Original features
? Spacious living areas with high ceilings and timber floors
? Potential to retain or modernise the existing structure
? Large, inground swimming pool offering great outdoor potential
? Self-Contained Studio Flat: Separate, fully functional flat with its own entrance, perfect for rental income or guest accommodation
? Undercover Storage
? Conveniently located close to schools, parks, shopping, and transport
? Minutes from the heart of town and local amenities
Don't miss out on this fantastic opportunity to create something special in a prime location. Contact us today to arrange an inspection and explore the potential of this fantastic property!
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 5 | 2 | -m2 | 2024 12 08 | $705,000 | Council approved | |
 | 0.38 km | 3 | 1 | 1306m2 | 2024 11 03 | $616,000 | Council approved | |
 | 0.40 km | 3 | 1 | -m2 | 2024 10 24 | $700,000 | Council approved | |
 | 0.08 km | 2 | 2 | -m2 | 2024 10 23 | $650,000 | Council approved | |
 | 0.33 km | 2 | 1 | -m2 | 2024 08 26 | $550,000 | Council approved |