50A Weldene Avenue, Glenfield, North Shore

Renovate, Rent, or Demolish & Develop - SOLD

*** THIS PROPERTY IS NOW SOLD ***

These two houses on a 1,027sqm freehold title have been a solid rental investment for close to 30 years (one of which to the same tenant for twenty years). Instructions from the acting Power of Attorney are clear - SELL!

The level, elevated section, with expansive urban views across to Rangitoto, promises potential in a prime location. Zoned Mixed Housing Suburban, close to Wairau Valley and Glenfield Mall, with easy access to arterial routes and public transport.

House 1 is a single-level, 1970s colonial-style home, with three bedrooms, one bathroom, separate WC and a laundry. House 2 is a two-level 1980s Chalet-style home. On the ground floor is a large open plan kitchen/living area with a second separate living room, one double bedroom plus a study or fifth bedroom, family bathroom, separate WC, and laundry. Upstairs are three double bedrooms, one with an ensuite. Both houses have good storage throughout, each has a single-car garage and additional off-street parking.

Currently vacant, this will appeal to investors looking to add to their portfolio, conditional on meeting Healthy Homes standards.

Land bankers/developers will also appreciate the potential holding income.

Investigate the upside from subdividing into two titles.

Owner/occupiers can add value and benefit from home & income options or accommodate multi-generational family living.

Call to view and secure your stake in this affordable suburb.