200sqm
floor area
745sqm
land area
|
2:00PM |
Bayleys House, 30 Gaunt Street, Auckland
Block of flats | Four freehold titles |
Floor area | 200sqm |
Fully leased | Returning $63,960pa |
Land area | 745sqm |
Zoning | Mixed Housing Suburban Zone |
• Large freehold 745sqm site in a desirable corner location
• Four 1960s style flats each on their own freehold title - to be sold together
• Fully leased investment returning $63,960pa
• Favorable residential mixed housing suburban zone
• Prime opportunity for developers and add value investors
123 Penrose Road comprises a well located corner site with four freehold one bedroom flats each with on-site car parking. The units are set over two levels and enjoy good natural light and an elevated outlook.
Located on the border of key employment centres Mt Wellington and Penrose, within 1km of the motorway and with Sylvia Park just around the corner, this site provides fantastic local amenity. The property is fully-leased returning a rental of $63,960pa. The four units are currently under rented which provides a good opportunity to increase the annual rental. It has always been well tenanted - one unit has been occupied for almost 20 years! Favourable residential Mixed Housing Suburban zoning allows for future development. Enjoy the holding income now and develop in the future. All viewings are strictly by appointment. Call now for a full information pack.
Licensed under the REA Act 2008
Mobile: +64 21 469 479 |
Office: +64 9 309 6020 |
kate.kirby@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 406 0298 |
Office: +64 9 375 6878 |
stephen.scott@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 023 71868 |
Office: +64 9 375 7431 |
james.valintine@bayleys.co.nz |
200sqm
floor area
745sqm
land area
|
2:00PM |
Bayleys House, 30 Gaunt Street, Auckland
Block of flats | Four freehold titles |
Floor area | 200sqm |
Fully leased | Returning $63,960pa |
Land area | 745sqm |
Zoning | Mixed Housing Suburban Zone |
1-4/123 Penrose Road, Mt Wellington
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 469 479 |
Office: +64 9 309 6020 |
kate.kirby@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 406 0298 |
Office: +64 9 375 6878 |
stephen.scott@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 023 71868 |
Office: +64 9 375 7431 |
james.valintine@bayleys.co.nz |
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