Unique Development Opportunity – 4 Properties.
We are presenting a unique opportunity to secure 4 separate homes with amazing sea views on freehold titles. To be purchased all together as one package. The 4 properties are either tenanted or owner occupied and one home is not habitable due to a land slip approximately 15 years ago. The successful buyer will need to undertake slip remedial works to the rear of the sections to all four properties.
51 Mulberry Street, Maungaraki. This is a two flat property comprising of a two bedroom flat on the upper level and a one bedroom flat on the lower level. Both flats are in very good condition and both are tenanted. Carports. (2019 RV $670,000)
53 Mulberry Street, Maungaraki. A generous size 3 bedroom home and income in very good condition with modern amenities boasting lovely sea views plus a separate one bedroom self- contained flat on the lower level which is currently tenanted. Single garage. Ideal home and income or use to house extended family. (2019 RV $740,000)
55 Mulberry Street, Maungaraki. This four bedroom home is uninhabitable due to the land slip that happened approximately 15 years ago. Opportunity to retain this home or start a fresh with a new build. (2019 RV $375,000)
57 Mulberry Street, Maungaraki. A four bedroom Lockwood style home boasting lovely sea views with a rumpus room, small office, double garaging with internal access.Tenanted. (2019 RV $590,000)
Time, effort and money have been put in with Retaining Wall Drawings to obtain Resource Consent in 2010 which is now expired however these plans and Hutt City correspondence is available on request including a 2004 Geotechnical report.
The Vendors have insurance policies on the four properties.
In respect of the tenants all viewings will be by appointment. For a buyers information pack which can be emailed to you please contact Craig Mills on 021 454913 or email me at email@example.com
Viewing by appointment.