The house on this level 810m2 block of land with 20m frontage could easily be removed ( STCA , no traditional building character overlay) giving the astute purchaser a number of highly profitable options. Already on two titles you could sell both blocks of land receiving a very fast return on your initial investment. Alternatively you could build 2 new houses capitalising on this site’s outstanding location, a very short walk from a train station and school and only moments from Lota’s foreshore. Either way upon completion of the project you would have a highly marketable end product.
- Existing dwelling – 6 bedrooms, study and 2 living areas would provide a strong holding income while the initial phases of any project is undertaken
- Could collect rent, land bank, waiting for even greater appreciation of the land value in this rapidly growing and popular suburb
- Site is a very short walk from bus transport and parks, moments from exclusive private schools and shopping centres also