Investor & Developers | Dual Income | HRZ Zoned

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https://www.arizto.co.nz/property-search/116-warden-street-richmond

An outstanding opportunity awaits at 116 Warden Street – ideal for investors, developers, or strategic land bankers. Zoned High Density Residential (HRZ) & set on a generous 723m² (more or less) Freehold section, this property offers income potential with long-term development opportunity.

The duplex dwelling features two fully self-contained rental units on a single title, which has delivered great returns throughout the years. Being sold on an 'As Is, Where Is' basis, it presents a rare chance to secure a high-performing asset with dual income streams & scope to add future value in a sought-after growth zone.

Front Unit:

1 Bedroom

1 Bathroom (laundry combined)

Lounge with access to a fully fenced, north-facing front yard

Rear Unit:

2 Bedrooms

1 Bathroom (laundry combined)

Open-plan living area overlooking an established vege garden & generous outdoor space

A large garage to the rear provides parking for both units.

The property is fully insured with no EQC claims made, offering peace of mind & a strong foundation for future plans.

You only need to take a drive past to see the opportunity that awaits. This is a rare chance to secure a property with dual income & long-term development potential.

Located in a high-growth area within walking distance to:

• The Palms Shopping Centre

• Public transport routes

• Banks Avenue School & Shirley Intermediate

• Just minutes to the CBD

Key Highlights:

• Zoned High Density Residential (HRZ) – excellent development potential

• Dual rental income – solid investment or hold while planning

• Land bank now, develop later

• ‘As Is, Where Is’ sale – motivated vendors invite offers

• Fully insured, no EQC claims

Contact Kate on 021 705 045 or Warrick on 021 705 469 for more information.