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Totara Vale

Flats 1 and 2, 9 Ayton Drive, Totara Vale, North Shore

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675sqmΒ Land area SQM
4Β Bedrooms
2Β Lounges
2Β Bathrooms
2Β Parking
2Β Offstreet

Asking Price NZ$1,295,000

Turn-key Money Maker - Buy one, get two!


Astute investors looking to bolster their portfolio, or owner-occupiers wanting a home-and-income opportunity, should look at these two units on a single, freehold title. Land bankers and developers may wish to consider investigating the potential of the Mixed Housing Urban zone here.

Built of trusted brick in the 1970s, these units have been well-maintained, yet offer potential to be updated, therefore adding value, and the possibility of an increased rental return. Both have two double bedrooms, open plan kitchen and living spaces, separate laundry, great storage and easy care, low-maintenance outdoor area. There's a single lock-up garage for each, plus ample additional off-street parking.

The location couldn't be better, with proximity to the Wairau Valley commercial/light industrial district, public transport and arterial routes ensuring rental properties here are always in demand. With existing long-standing, respectful tenants in place, you can benefit from a cashflow positive situation from day one.

With another project in their sights, our committed vendors are serious about selling right now. Such a rare opportunity is sure to attract considerable interest. Call today for an appointment to view.

Helen Michell
021 210 3228

Helen Michell

Helen Michell


Bayleys Real Estate Ltd, Devonport,
Licensed under the REA Act 2008

Features

INCOME


Immediate income from current, long term tenants

LOCATION


In demand location on a quiet side street, close to amenities, transport and access to motorway

LOW MAINTENANCE


Solidly built and well maintained

TWO UNITS


Rare opportunity to purchase two units on one freehold title