Potential Plus on 996m2

Walk up the rose-lined path to this full-of-character 3 bedroom, 2 bathroom weatherboard home, built circa 1948 on approximately 996m2 of prime Te Puke land. A renovators or developers dream, opportunity abounds in this property which has been tightly held in the same family for more than 5 decades.

Renovated and extended in the early 1980s, including an internal lift for mobility, now it’s someone else’s turn to bring this house into the current era – expose the beautiful native timber floorboards, install a modern kitchen or open up the kitchen, dining and lounge spaces. The property also lends itself to creating self-contained accommodation in the basement, including disability access toilet and shower, for extra income.

The huge, flat backyard currently has fruit trees and plenty of room for a trampoline or a game of cricket, but beyond this presents an excellent opportunity to the savvy investor. It is ideal for land banking, with predicted growth in Te Puke, or subdivide now and build new to maximize the site’s potential under the new medium-density plan for the Western Bay. With the existing house positioned to the front of the site and easy access to the back via a wide driveway, this section is a developers dream.

Opportunities like this don’t come around often, and this property is sure to sell fast. Contact Matt Power today to book an appointment to view.