166 Maraetai Drive, Maraetai
Time To Get Planning
How do I get more out of my investment property?
Good location, close to the beach and good school zones equal strong demand for rental properties.
How about a minor dwelling? A great option for a better return. Live in one rent the other, or rent out both. Single house zoning allows for a minor dwelling up 65m2 under the current unitary plan and subject to building consent.
How about 2 Sections? Maraetai has a minimum requirement of 1400m2 when considering subdivision. New sections must be no less than 700m2 under the current unitary plan.
Introducing 166 Maraetai Drive sitting on a whopping 1411m2. It has the potential to subdivide (subject to council consent) and provide a new owner with an array of options. Renovated in 2003 this home now has 5 bedrooms and a large living area that opens up to expansive decking. A Northeast orientation the home gets loads of sunshine and is further complemented with sea views. HRV and 2 heat pumps keep you warm and dry in winter and cool in summer. The home also has solar panels installed that are connected to the grid. Who doesn’t want cheap power? There is a separate double garage and loads of off-street parking and the location is only a few minutes’ walk from Maraetai Beach its well-used walkways, beach side cafes and iconic Boat Club. The home needs some work to bring it into the modern era and new paint and carpet will make a world of difference.
If you’re looking for a bigger project, then why not buy the neighbour’s house as well and with another 1310m2 of land and a recently renovated home.
Call now for an early inspection or come and see us at our open homes.