If you are a lover of authentic character properties and have a keen eye for a project, but don't want to break the bank to get in the door, you will immediately recognise the potential of this picture-postcard-pretty villa.

Generously proportioned rooms are balanced with large windows, flooding the property in natural light. Heritage enthusiasts will delight in the high board-and-batten ceilings, wrap-around bull-nosed veranda, and other original features. The 556sqm (more or less) level section offers scope to extend and add further value, with the current building covering less than 25% of the grounds. A garage and workshop (or perhaps a sleep-out?) with ample off-street parking tick boxes too.

On the seaward side of Lake Road, with easy in-out driveway access, you are in zone for sought-after schools, close to local shops - including the world famous in New Zealand Wild Wheat Bakery, public transport and central Devonport.

The position couldn't be better for someone looking for work-from-home premises that would benefit from a highly visible location. This residential property, with existing-use rights for commercial activity, is currently tenanted as a medical centre returning $48,000 net per annum. Could it make a good addition to an investment portfolio?

Another option could be to investigate removing and rebuilding on this Mixed Housing Suburban zoned freehold site, subject to consents.

At this price-point interest is sure to be high from a wide range of prospective purchasers. Immediate action is advised - contact me today for details.

Phone for viewing times.

Helen Michell 021 210 3228