A profound development opportunity for an astute home buyer or investor that won’t last long – “first in best dressed” is the only way to describe what is on offer here. A fully refurbished four bedroom home sited on 690m property (TC2) five minutes’ walk to Barrington Mall and Barrington park (two minutes’ walk to the bus stop) with resource consent just approved to subdivide into two sites. Here’s your chance to purchase the property and get a free rear building site for a 130m2 home – house plans are available to the successfully purchaser. The house has had a complete makeover with no expenses spared – new carpet, new kitchen (cabinets, bench tops, dishwasher, range hood, vinyl), new bathroom (shower, vanity, toilet, heated towel rail, exhaust fan), painted throughout, new heat pump, new laundry tub, new curtains and blinds, light fittings, smoke alarms, the outside has been painted, all you need to do is just move in whilst you develop the rear property. The front of the house and driveway has been landscaped, a new front fence erected and all other fences painted. The ceiling of the house is lined with batts and polythene has been laid under the floor. There are no earthquake repairs outstanding. There is a two car garage with room to park another car in front plus plenty of off street parking. Has been rented for the past nine months for $500 per week. The vendors’ circumstances have sadly changed which makes this incredibly simple development opportunity available to someone else to realise the commercial upside. $20,000 alone was spent on obtaining the resource consent to subdivide not to mention the tens of thousands on the improvements. |