For Sale by Negotiation
Fantastic Investment with Multiple Incomes
Unique investment opportunity, offering security and bank leverage with multiple income streams equating to over $1650 per week (+ 3.4% return P.A on value of property) with established long term tenants in a large family home and income.
This split level family home is elevated and set up with an open plan kitchen, dining and living area taking in views of the arena and land beyond. The main dwelling has a total of five bedrooms, study and 3 bathrooms (2 masters with ensuite), and has been cleverly designed to provide completely independent living including separate entrances. Both have their own private decks, currently both are tenanted separately, you can easily open this up into a large family home.
The separate legal minor dwelling offers two bedrooms, a bathroom, with an internal entry single garage and outdoor entertaining area with an oversized private deck.
The floodlight 25 x 40 m all season arena is fully fenced and secured with post and rail fencing, a tack room/ stable and four outdoor pens offers a further form of income.
A large turning bay offers easy maneuverability for horse trailers, trucks, heavy machinery and caters for plenty of off-street parking.
Post and rail fencing, electric gates and hedging secure the entrance giving peace and privacy with the boundaries being bordered with established trees including Eucalyptus and Casuarina with pockets of Pongas and Nikaus that are enjoyed with over 30 bird species including Kingfisher, Kereru and Tui's.
The options are endless with this multi-income and multi-purpose property. Its proximity to all amenities including the new Silverdale Commercial Development, Albany Centre and Orewa mean you will always be within striking distance of urban life from this oasis of stunning country living.
An investment opportunity not to be missed, call me today to arrange a private viewing. Travis Morgan 0275678934
