Situated just 2km from the University and only a short hop to the new Forsyth Barr Stadium, this 4 bedroom property has a lot more on offer than you might think at first sight.

Opposite the road from Moller Park it also offers some truly wonderful harbour views.

Four good sized bedrooms, ceiling insulation as well as a hallway panel heater and heatpump to keep the house cosy in winter.

Single garage plus a lot of off street parking - enough for everyone!

Currently rented until 31 January 2014 at $290pw.

This represents a rental of only $72.50 per room. Buy now and set your own level for 2014. Or live in the house and get some flatmates in to pay off the mortgage.

There is plenty of upside potential for increasing the rents next year.

Alternatively just live in the house and build on the rear section. Either finish off with the subdivision then build and on sell, or, just build on the rear and sell both houses and keep on the one title - the choice is yours. Plenty of options.

PLUS the bonus with this property is a subdivisable rear section which has been DCC RESOURCE CONSENT APPROVED.

Land bank for future development?

Find a relocatable home?

Build a kitset on site?

There are many options available to the astute investor / home owner.

Any future property built on the rear section will have even more outstanding views than the existing house.

Put your thinking cap on and see what you can come up with!

Please feel free to contact me to discuss on: 027 550 3734.

Thanks for looking.