A great investment opportunity in Larkfield, Stanger, offering both a freestanding home and a separate apartment block with four rental units.
The apartment block consists of four spacious units, each offering well-sized bedrooms, a comfortable lounge and dining area, an open-plan kitchen and a spacious bathroom. All units are fitted with prepaid utilities, making them practical and easy to manage for both landlord and tenant.
The property is well positioned close to Gledhow Sugar Mill, SAPPI and Hesto, making it particularly attractive to tenants working in the surrounding industrial areas and adding to its rental potential.
The main house offers three bedrooms, a kitchen, lounge, main bathroom and guest toilet, together with an enclosed verandah. The home is dated and would benefit from some updating, giving a new owner the opportunity to renovate and add further value.
A large yard completes the property and provides generous outdoor space.
With multiple rental units, a separate main house and a convenient location close to major employers, this property is well suited to an investor looking for a solid income-generating opportunity in Stanger.