What if you could have a commercial investment but you could live in it as your home? Well that would make sense; have the best of both worlds. Live in it then get a business idea one night and eureka you can have a live and work scenario. This part of the street has a mix of commercial/industrial type activity (e.g. the kitchen cabinet people next door) and residential homes across the street. This is the way that most suburbs are going, having a mixed use theme. Walk to the bus, the bakery, and then the gym (probably do the gym after the bakery!!). The house which is circa 1920s has been relocated and has been partially renovated but there is so much more that someone with creative vision can do here. A leasehold fee simple title, (sharing the land with one house in front that is also a relocatable weatherboard) it is just waiting for someone to see opportunity. Quite private it is at the back of the section and inside the dwelling offers 12 foot stud and no doubt is made of reliable and valuable New Zealand timber. There aren't many on island with this character yet alone this zoning - Commercial 5 (industrial) it gives options. Currently tenanted @ $500 per week on a periodical agreement - do some maths - this is a good return.
Two generous bedrooms, large bathroom (ripe for renovation) and good size kitchen. The back veranda has a sea view. There is also another deck that could be made into a really wonderful space with some clever screening with a very sunny, north west aspect. Off street parking for three vehicles, large water tank and so much more to show you; including large storage spaces for workshop/office area in the basement. Birds come and go in this location. The property sits on a half share of approximately 1047 sq m.
This has character, room to add value and is commercial. Think ahead of the pack, perhaps be your own boss if you think outside the square. Get