Possibilities on Paine
House - Judea
Whether you are looking to add to your portfolio or take on an exciting development opportunity 14 Paine Street may well just be what you have been looking for.
This whopping 1012sqm section currently features a two-bedroom cottage, outbuildings and a 3-bedroom home at the rear. The rental returns are impressive to say the least.
The existing cottage at the front has two bedrooms a lounge, bathroom, kitchen and laundry, and generates a good weekly income.
The rear 3- bedroom family home has a story to tell, relocated on site in 2002 from its original position on Hamilton Street in the Tauranga CBD. It was located and positioned perfectly to enjoy a peaceful outlook down the long the driveway. This solid home could be the ideal rental property or could be renovated to your liking while you develop the other half of the section. The choice is yours.
Paine Street is located just 3.5km from the Tauranga CBD, its location is perfect to commute to the city either by car or for those active a short cycle or jog around the picturesque Daisy Hardwick walkway which runs around the Waikareao Estuary.
The exciting University-led tertiary campus which is set for completion in 2019 could be perfect timing for next owner, the proposal of in excess of 1000 full time students rising to almost double that in their projections and situated a little over 3km from Paine Street could provide perfect accommodation.
This exciting opportunity is proudly market by Staple and Stringer, call or text today to arrange a personal tour.