Outstanding opportunity to purchase this property which is packed with potential. Currently 7 studio apartments plus a one-bedroom apartment. All individually tenanted and returning $68,120 pa Resource and Building Consent have been approved to transform this property into three two bedroom apartments and two one bedroom apartments and a studio apartment. Huge total floor area of 458m2 and located on a lovely sun-drenched 1138m2 level section just 200m2 walk to the beach.
Great as it is, the real value here is the fantastic location and the potential to maximise the returns on this unique property.
Contact the listing agent for your information pack