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68 PACIFIC PDE SURFDALE
HIGH ON THE HILL INVESTMENT--WITH HOLDING INCOME
1,450m2 of sunny garden style land - nearly 90 meters of street frontage - helps explains why 68 Pacific Parade was one of the first sections sold after the "Queen Street Farmers" laid down their Surfdale subdivision in 1924. With hundreds of sections of bare land to choose from the original owner jumped on this one in 1925 for not only the reasons stated above, but equally valuable is that the site has wide sweeping sea views from Putiki Bay around to Surfdale Bay. Nowadays, since the lower land is no longer paddocks as it was "back in the day", it will take a new build to earn back those views.

In 1988 the former council granted the "garage" consent for a Haberdashery store. Located next to the SPCA this could be strategic for some - though that '88 consent has now lapsed. This exceptional land contains a 2 bedroom and very "original" 1947 weatherboard cottage, as well as the garage circa 1951. Doing the numbers this property could provide ample holding income for the astute investor, where others may add value by immediately getting stuck into it. A rarity at 30 metres wide means no "Daylight Control" drama when building what you want. Please call for an appointment to view.  
FOR SALE
PROPERTY ID: 6009
PRICE: $1,199,000
INSPECTION:
Contact agent for details
LAND SIZE:
1449 m2
BEDROOMS: 2
BATHROOMS: 1
CAR SPACES: 2
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