Tauranga, Brookfield 34 Darraghs Road
Sold
Live or Earn, It's a Great Return!
This fabulous property with so much to offer comprises a four bedroom home with a sun drenched inground pool and entertaining area, alongside a very tidy two bedroom consented flat.
Have a home and income, rent both, land bank the 1,058sqm (approx.) for future development, or bring the extended family - there are so many options here.
If you're looking to invest, both tenants are keen to stay and the current return of over $66,820/annum (approx. 5.5%) makes this a very attractive proposition.
Situated in a desirable Otumoetai location, childcare and all levels of schooling are walking distance away, the bus route is close by, and Brookfield and Cherrywood shops are just down the road in either direction. Access to the Waikareao Estuary Walkway is on Darraghs Road, jump on your bike and head to the beach, or take a short commute to the CBD - convenience is key here!
There's potential to improve now or in the future with the opportunity to sit and earn, then develop. The Vendors have concept drawings available for three stunning townhouses which would enjoy panoramic views to Mount Maunganui, Port and the upper harbour.
Seriously folks, this is a seldom seen fantastic opportunity with potential aplenty. Call Andrea on 021 436 735 for further information, or to arrange your private viewing.
For Sale
$1,250,000
Property ID:
ECH17967
Legal Description:
Lot 1, DPS73077
Year Built*:
1972
Exterior Construction:
Brick, Concrete Block, Weatherboard
Roof:
Corrugated Iron, Longrun
Joinery:
Aluminium, Timber
Land Area:
1,058 square metres (approx)
House Area*:
250 square metres (approx)
Bedrooms:
6
Office:
Yes
Garaging:
Single
Chattels:
Fixed Floor Coverings, Blinds, Curtains, Light Fittings, Heat Pump x 2, Stove - Freestanding Electric x 2, Pool Equipment, Dishwasher x 1, Dish-drawer x 1, Rangehood x 2, Electric Hot Water Cylinder x 2, Laundry Tub x 2, HRV x 1, Bathroom Heater x 1, Showerdome x 1 (Excluded Chattels: 34: Basement carpet tiles, basement blinds, basement curtains (all belong to tenant). Status of light fittings to be checked - some belong to tenant. )
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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