29 Omokoroa Road, Omokoroa, Western Bay Of Plenty, Bay Of Plenty

Packed with potential to modernise and renovate, this spacious property offers an exciting opportunity for those looking to add value and create something special. Even better, part of the work has already been done. Downstairs you will find a beautifully modernised, fully consented, self-contained studio with its own private entrance. Fully double glazed and thoughtfully updated, it is ready to enjoy immediately and is perfect for extended family, guests, or additional income. With an appraisal from EVES Rentals indicating: Main home: $700 per week; Studio: $500 per week; Thats a total of $1,200 per week ($62,400 annually) in gross rental income, making this an attractive option for investors seeking strong yield with diversification across two dwellings. The home is constructed with a concrete floor and insulation between the levels, providing excellent separation between the studio and the main living areas above. Also on the lower level is an exceptionally large garage with potential for up to three vehicles. Complete with a mechanics pit and winch, it will appeal to car enthusiasts or anyone needing serious workspace. A substantial storage area with built-in shelving and an additional lock-up storage room provides excellent practicality. Access to the upper level is easy for everyone, with both stairs and a ramp available. Enter through the sunroom and discover a home filled with possibility. Neat, tidy and perfectly livable as it stands, it also presents a fantastic canvas for renovation. Upstairs features an extra large lounge that could easily incorporate a family room, along with a separate dining room and kitchen. There are three generous bedrooms, a separate laundry, powder room, shower room and bathroom. Two of the bedrooms open via ranch-sliders to the balcony. From the lounge, dining and kitchen you will enjoy views across to the stunning Mount and the Lower Harbour, with both the lounge and dining offering access to the balcony to take in the outlook. The lift has been decommissioned, however the shaft remains in place should new owners wish to reinstall one. Additional features include a whole house water softening filtration system and a separate garage or workshop. The substantial 1,131sqm (approx.) site offers even more potential, complemented by three phase power to the property, Healthy Homes Compliance, and excellent off street parking. Built in 1978 and positioned in a great location, this is a property brimming with opportunity.