Golden Real Estate 101, location, potential and … subdivision !

Whether looking for a family home, an investment property, or a project that you can add value to, 480 Palmerston Road ticks every one of those boxes. Here is what you need to know about this awesome property.

LOCATION — only moments from city central, and close to so many schools, and sporting facilities, everything is literally a quick stroll away;

FAMILY HOME — Solid and sound, here you have a robust property that has stood the test of time. A big open plan living/dining area ensures family time is a breeze, and, for those times you all need a little bit of space; this property has four bedrooms, plus a utility room and a good size garage/workshop.

DEVELOPERS — Whether to simply landbank now or act immediately. The strategic position of the main home enables a relatively effortless subdivision into two fee-simple lots.

INVESTOR — A great addition to your property portfolio. Add to that, the four bedrooms, and an extra outdoor hobbies room this makes for an excellent little returner. Of course, naturally given the section size, this property is well suited for an additional 2nd dwelling.
Be sure to view; with so many options this is a property perfect for the now, and even better, taking you into the future.

House size: 135m2
Land size: 916m2
Rates: $ 2,764.16
2017 RV: $205,000
Weekly Rent: $400 – $420 per week

Electrical Inspection Report is available
NB: 4th bedroom has not been photographed, only the 3 bedrooms and outside room are in the photo gallery.

As always we recommend you complete your own due diligence in regards to subdivision

CONTACT TRACY DIRECT: M: 027 553 5360 P: 06 929 1933 E: tracy@tracyrealestate.co.nz