35 Riversdale Road, Avondale, Auckland

Strategic landholding with income

A site that commands your attention, 35 Riversdale Road is a substantial 1226sqm level section with holding income.

Currently, there are four units on the site which are constructed of concrete block and very neat and tidy. A streamlined investment with wide appeal for either a mom and dad investor, buyer looking for a great landholding or developer.

• Four 2x bedroom, 1x bathroom units
• Currently returning $100,000 approx. per annum.
• Zoned Mixed Housing Urban
• All units currently tenanted
• Level and flat section
• Ample off-street parking

The highly favourable Urban zoning could have you exploring the option to develop and start over or simply keep status quo. Situated in close proximity to Riversdale Reserve, nature walks, cafes, restaurants, New Lynn and convenient motorway access.

Auction (unless sold prior) 5pm, Wednesday 27th March 2024
778 Manukau Road, Royal Oak, Auckland