SOLD
Hillcrest

50 and 50A Mansel Avenue

4 Bed

2 Bath

2 Living

1 Garage

$1,000/wk INCOME POTENTIAL + SUBDIV OPPORTUNITY

After 20 years of land-lording our Vendors are downsizing. Set on a generous 966sqm (approx.) of land with the potential to Subdivide, this property presents an ideal Home & Income opportunity or a Dual-Rental investment with a return of >$1,000 per week. Perfectly located in a sought-after area with excellent School Zoning, it’s just moments from Waikato University, Hillcrest Shopping Centre and offers easy access to the Expressway. MAIN RESIDENCE + GARAGE (104 sqm) -3 Bedrooms / 1 Bathroom / 1 Garage -Rental Appraisal of $610-$640/wk -Open-plan Kitchen and Dining area -Polished native timber flooring throughout the living space -Heat-pump -Entertainers north-facing back-deck -Grassed backyard -Updated bathroom includes shower over tub -Internally freshly painted throughout -Dwelling & Garage are fully permitted. MINOR DWELLING (48sqm) -1 Bedroom/ 1 Bathroom / Off-Street Parking -Rental Appraisal of $400-$420/wk -New Kitchen (installed May 2024) -Open plan kitchen and living area with ceiling fan -Heat-pump -Bathroom -Double sized bedroom -Private rear Deck -Level lawns -Garden shed -Dwelling is fully consented with CCC. Whether you're looking to live in one and rent the other, accommodate extended family, or maximise returns with dual rental income, this property delivers flexibility and potential.

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SPECIFICATIONS
Land Area 966 m²
Floor Size 153m²
Rateable Value $950,000
Rates $4,424
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