If you are looking for an entry to the prestigious Double Grammar Zone, with massive Add Value potential, but think you can't afford it, well think again, as this Blank Canvas property ticks a lot of boxes and must be sold by the highly motivated vendor. The 1920's bungalow is set at the rear of a Freehold 567m2 site, leaving 1/2 of the flat site available for easy expansion of the existing dwelling, or the potential addition of a new dwelling (subject to Council approval), either option would add substantially to the property's value. Alternatively, the existing 3 bedroom home offers a very liveable option as an affordable entry level to DGZ for a few years of awesome education for the kids, while enjoying the capital gains from the ever increasing Freehold land values in this premium central Auckland suburb.
Savvy investors will see great opportunity to Land Bank for future capital gains, while deriving holding income from the high rental appeal of a DGZ home. In addition to the incredible options to add significant value to the property, its sensational location must not be overlooked. Situated on the border of the premium suburbs of Mt Eden & Epsom, you are close to just about everything you could ever need, awesome shopping & entertainment options, easy public transport & motorway access, and highly sought schools are all nearby & inzone, and ever popular Mt Eden Village & Balmoral are just a short stroll away.
This rare opportunity to secure an affordable property with massive potential to add value, is sure to attract keen buyer interest, so come see for yourself.
