38 Munson Street, Reefton, Buller
Buyers $690,000+
5
2
1
Two Dwellings, One Smart Investment
Here’s an opportunity worth a closer look, two separate dwellings on one title, offering flexibility and the potential for two rental incomes from a single property. The vendor does currently have an approved resource consent for a two-lot subdivision and include the approved Scheme Plan Property One features 3 bedrooms, open-plan living, dining and kitchen, bathroom with separate toilet, laundry, sunny deck, fully fenced garden, single garage and off-street parking. Property Two offers 2 bedrooms, open-plan living, dining and kitchen, bathroom with toilet, laundry, sunny deck, private outdoor area, carport and off-street parking. Both homes are in very good order and currently tenanted, providing an income stream from day one. Set on a generous 1,019m² fully fenced section, each dwelling has its own outdoor space and parking. For investors, the appeal is in the flexibility two homes, two sets of living spaces and the potential for two rental incomes, all on one title. It could also suit those looking to live in one home while renting the other, or accommodate extended family while maintaining separation. Properties offering this kind of flexibility are not easy to find, so if you’re looking to add something a little different to your portfolio, this one is well worth a look.
Chattels
38 Munson Street, Reefton, Buller
Web ID
RFU232354
Floor area
84m2
Land area
1,019m2
District rates
$3996.30 pa
Regional rates
$662.18pa
LV
$145,000
RV
$510,000
5
2
1
Buyers $690,000+
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