4a & 4b Swainston Road!
- 5 Beds
- 2 Baths
- 1 Car
Listed By:Ray White St HeliersMaguire Realty Limited Licensed REAA 2008
UNDER CONTRACT-OPEN HOMES CANCELLED!
SHORT NOTICE DEADLINE CLOSING ON 8TH FEBRUARY 2018
Here's an attractive proposition to purchase the block of two units nestled on a large 852m2 freehold land with a sunny aspect. Situated in an elevated position at the top of Swainston Road it comes with lovely views from the rear section and lots of potential.
This very unique Mediterranean style block of units on separate freehold crossleased titles was built in 1970's in solid concrete construction and has a brand new driveway and exclusive freehold use of land for each of the units. Both units have reticulated gas and lots of potential to add value by modernizing it internally.
The front unit also has an internal access garaging. The rear unit has been converted into a three bedroom one -both units are currently rented to good tenants who are happy to stay on.
This is a fantastic opportunity for developers, extended families or investors to purchase both units and investigate further the new Mixed Housing Suburban Zone and its subdividable potential. Proximity to Remuera, St Heliers Bays and beaches and with a choice of shopping centres including walking distance to Countdown and a short drive to Lunn Ave shops. Excellent transport options and on the bus and train route to the City. Stonefields School and Selwyn College zone as a bonus.
- Built in 1974
1 Single Garage + 4 offstreet