9 Hoterini Street, Ōhope

One house or two – the choice is yours. The layout of this 180-square-metre home in Hoterini Street, Ōhope, provides prospective buyers with plenty of options.

When it was constructed in the 1970s, it was for use as a single residence. It has only changed hands a couple of times since then and remains in essentially original, well-maintained condition.

On purchasing the property four-and-a-half years ago, the owner had big plans of turning it into their dream home, but those plans have changed, opening the door for someone else keen to take up the opportunity.

Currently, it is operating as two, two-bedroom flats, which provide generous returns and have quality, stable tenants in place who keep their units immaculate, inside and out.

As an investment, this is worth a close look. It’s also worth a look if you’re in the market for a large home that you can develop to suit the needs of your family or extended family.

It would cater particularly well for multi-generational living, offering privacy for all.

The two units have their own entrances to maintain privacy, with the front, north-facing unit enjoying sole use of the large, fully fenced front lawn.

This unit is light, bright and sunny with two double bedrooms, and ranch sliders that open the living areas to the outdoors.

The rear unit has one double bedroom and one single. It is similarly light and bright with plenty of windows and ranch sliders that open onto a wrap-around balcony. From here, you will enjoy a birds-eye view of the neighbourhood.

Both units are Healthy Homes compliant and have their own features that make them attractive to tenants. There are two separate single garages and a double carport.

Prospective buyers may choose to continue renting both units. Alternatively, live in one unit and rent out or Airbnb the other. If you have elderly parents, or adult children that remain at home, this would also be the ideal living arrangement – private, but close by.

Alternatively, open up the landing doors and turn this into one big house.

This is a property that is ripe for development and renovation. It would not take much to modernise and transform it into a stunning beach home.

The online listing includes a floorplan that will make it easier to visualise how this might work.

Equally, the back yard is a blank canvas that could be transformed with the establishment of a few gardens and fruit trees, while retaining an expanse of lawn for children and pets to enjoy. In total, there is 817sqm of land here.

* Full 817sqm section
* Two units or family home
* 1970s architecture
* Close to beach

Ray White, Ōhope

9 Hoterini Street, Ōhope | Ph  07 312 5005
Sale by auction:  Saturday, September 28 at 11am
Open home: Saturday, 12.30pm-1.15pm
Agent: Rhonda Orr 021 269 3677