SOLD UNDER THE HAMMER
This property is packed full of options for first home buyers, developers or investors. The three-bedroom home with a single garage is sited on 505sqm of freehold RMD (Residential Medium Density Land). With a current lease in place to a community trust, there is the opportunity for investors to capitalise on the current rental income or vacant possession can be obtained for buyers who are wanting a family home.
The house has great bones, with three bedrooms and a large living space that opens out to a private rear section. An updated galley kitchen, a new bathroom and a separate laundry make this property very practical for the tenants or homeowners.
Currently rented on a fixed term tenancy until the 1st of November 2021, with the rental set at $420 per week.
The property has had its repairs completed following the earthquakes and is currently fully insured, all the while sitting on 505sqm of TC2 Residential Medium Density land.
- Three bedrooms
- One bathroom
- Zoning - TC2 Residential Medium Density Land
- Single external access garage
- Fully repaired and insured
- Floor area 90sqm
- Land area 505sqm
With the property being excess to the vendors needs, this is the right time for you to get your foot on the ladder or acquire a new project. This property is a must-see in the upcoming area of Waltham.