Positioned at the end of a tiny and tranquil cul de sac in a prestigious neighbourhood, this elevated four-unit complex is selling for the first time in 56 years. The two-storey 1960s built dwelling is configured as 3 x 2-bedroom units and 1 x 1-bedroom each offering a similar 54 sqm (approx.) floor size with three currently occupied (tenancy terms available on request). Zoned Mixed Housing Suburban on single freehold title of 905 sqm (more or less), there's scope for developers to explore feasible options taking the obvious desirability of the suburb into account.

With two concrete block ground floor units having the perks of direct access to patio and rolling lawns, the other two upstairs enjoy an elevated and sunny north east aspect with extensive views across leafy suburb each from their own balcony. The condition of the interiors is best described as original with carpeted open plan lounge, strategically located heat pump, time capsule kitchens and all-in-one bathrooms and built in wardrobes for all the bedrooms. Carport parking is allocated for each and a common area in the rear yard has clotheslines installed for all resident's use. Pleasant parklike grounds are well maintained and feature mature trees on an almost fully fenced site.

With an easy walk to St Johns Road for public transport, this favourably located investment could be given a spruce up and will always attract tenants. A short drive to the bay's beaches, both of Remuera's village precincts and handy to the train station for commuters heading to the city, this is an exceptional opportunity for either rental investors or developers so be quick to get the jump and lock in a profitable future.

For more information, call John & Jane 0800 WANT SOLD