10% BELOW RV AND SUB-DIVIDABLE X 3 LOTS, GREAT LEASE OPTION

Listing Number:  1153
Posting Date:  04 September 2008






 
Price:$620k
Listing:10% BELOW RV AND SUB-DIVIDABLE X 3 LOTS, GREAT LEASE OPTION
Type:House : Subdivision Potential
Category:Private Sale
Bedrooms:3
Bathrooms:1
Region:Auckland
Site Area:90 m2
Address: Login
Building Area:1515 m2
Property Image

Description:

House with large back yard 10% below registered valuation March 2008, R/C ready to go and has neighbours approval, House currently rented at $ 380 per week. $20,000 spent on R/C. Lease Option existing house. We can find tenant buyer for new houses. Build and collect the cash-flow off new houses before finalising subdivision.
Has had council approval in the past but R/C expired. Work has been redone by Grange and is ready for lodging. Grange report available on request.