With the current low interest rates this is an investors dream!
This solid brick and block property offers two legal flats on a generous freehold 832m2 section. A fantastic investment opportunity with options - rent out both, live in one and rent one, or renovate to create a large family home. Currently bringing in $600 per week, with scope to add value and increase the rental yield.
EACH FLAT HAS - two bedrooms, bathroom, kitchen and dining area, spacious lounge and separate laundry. The first flat includes a single garage and there is an extra garage/workshop at the back of the property for the second flat.
Located just minutes' walk to the village of Wellsford with schools, kindergartens, library, cafes and so much more. Also nearby are beautiful beaches so you can enjoy a sought-after Kiwi lifestyle. Wellsford's proximity to both Auckland and Whangarei (approx. an hours' drive either way) makes it a thriving town that is growing in popularity.
If you would like to capitalise on this investment with both passive income and development potential for the future, please call me today for further information.
Property Documents are available on request through this link; https://warkworth.harcourts.co.nz/WW7963