Villa + 3 Investment Flats

Property listing ID: 536478

Bedrooms
3
Bathrooms
1
Carport
1
Covered parks
1
Land area
746m²
Price / method
Sold March 2015

To be sold as one package that includes ref no 536507, 536498 and 536512 -WILL NOT BE SOLD INDIVIDUALLY! Prime Views: Grandstand Position Offered to the market for the first time since 1942 when purchased by the forebears of the current owner for £900! An original 1920's weatherboard villa fronting Benbow Street PLUS a block of three attached 1960's investment flats fronting Kaimata Street. Astute investors will see the potential in the options this premium dual street frontage site offers: • Rebuild on the Benbow Street frontage and retain the flats as a passive income stream • Construct a large superior quality family dwelling with a swimming pool, etc • Explore further the possibilities of maximising the 746m² site (zoned Res 6A) with a full redevelopment Enjoying beautiful views of the harbour and Rangitoto this unique property is within a short walking distance of St Heliers village with its restaurants, cafes and boutique shops; swimming beach; tennis and bowling clubs; and Vellenoweth Green. This is an extremely rare opportunity - one that is unlikely to be repeated. Elderly vendor desires definite sale.

Listed by Barfoot & Thompson , Bob Gordon (St Heliers)