Two Homes on 698sqm | Options Galore


1 and 1a Bulwer Street, Devonport

By Negotiation

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Two Homes on 698sqm | Options Galore | 1 and 1a Bulwer Street, Devonport | 1470412 |      X Close
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Two Homes on 698sqm | Options Galore


This is a very rare opportunity to acquire a large (698sqm), elevated, flat and sunny property in a peaceful location, that offers options galore. Owned by the same family for close to 40 years, it currently offers two homes on one title; a typical 1904 villa at the front and a unique 1980's 'gingerbread house' at the rear. Both homes could benefit from some renovation, and there are several options worth considering.

β€’You could create the home of your dreams and do a full renovation and extension of the villa to provide a spacious family residence with a huge back garden and maybe even a pool

β€’While renovating, you could live in the back house and later on have an option for extended family to stay or you could capitalise on its income potential, or you could remove it for an even bigger back garden

β€’You could complete the approved subdivision to create two titles - the Subdivision consent was granted in 2017 and is valid for 5 years. It enables the owners of the property to subdivide it into two lots around the existing houses, with respective gross site areas of 376sqm (front lot) and 311 sqm (rear lot). As with all such consents, it is subject to a number of standard conditions, requiring works to the site, which are detailed in the Consent approval which we can provide.

β€’As part of the subdivision, you could renovate both of the homes within the new site restrictions, and you could keep or sell one or both of the newly titled properties.

Location is another plus; just a short walk into historical Devonport village, with all of its shops and restaurants, and from where you can catch the ferry into Auckland City in under 15 mins.

This property offers a number of opportunities worthy of consideration - full planning report and Council Property file is available to make your consideration easier. Contact me for more details.

Linda Simmons

Devonport

Licensed under the REA Act 2008

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1 and 1a Bulwer Street, Devonport

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Linda Simmons

Devonport

Licensed under the REA Act 2008

View profile