184 Sutherland Road

Seldom is an opportunity like this presented on a plate. A picturesque 100sqm 2 bedroom villa resting on a 653sqm site with approved resource consent and plans to build on the rear. The building consent for a 2 story 4 bedroom/2bathroom home is being processed by WCC and will be provided to the new owner on or prior to settlement if they wish. The opportunity here to realise value without all the leg work and planning is staggering and will appeal to those looking to add value and build equity via developing a dual income stream, living in the new house while garnering rental income from the existing villa (or visa versa) or build and resell for maximum profit. Alternatively, scrap the existing plans and talk to your architect and WCC about your dream development.

The villa is currently rented in a fixed tenancy to great tenants till the 15th of February 2021 which provides for an income stream while you solidify your plans. The villa has a very workable layout and retains some excellent period features.

The Vendors were progressing towards building as soon as possible but a new opportunity further afield has taken their attention so this is your opportunity to realise the value and reap the rewards in this excellent location.

LIM & building plans are available by request.

Viewings are by appointment.
By Negotiation.
Proudly presented to the market by John Carpenter
ONEAGENCY
Select Realty
Licensed under the REA 2008