C/26 Parkway Drive, Albany, North Shore

Affordable live/work investment with rental growth

194sqm (approximately) total floor area, returning $58,000pa set to go to $60,000pa in December 2025

Features include:
• Two-bedroom, three-bathroom, renovated to modern standards
• Fully consented for residential living with high stud warehousing
• Established tenant
• Fantastic location close to motorway, schooling, shops and Mairangi Bay beach
• General business zoning

Be quick to view this impeccable live/work investment unit in a desirable Mairangi Bay location. The property is located just off Constellation Drive, enabling the perfect blend of prime residential and industrial convenience under a General business zoning. Fully leased to an established tenant, returning $58,000pa with built in rental growth, set to increase to $60,000pa in December.

The property has been completed to a finish superior to that of other live/work units on the market. The apartment features two bedrooms, modern kitchen, ample natural light, two ensuites, heat pump, double-glazed windows and is complemented with a sunny north-facing deck.

The property features a high stud warehouse accessed by an electric roller door and a low stud workroom at the rear. Three phase power throughout the warehouse, and is equipped to be separate to the apartment, with its own shower, toilet & office space. Close proximity to public transport, shops, motorway access, good school zones, General Business zoning, nearby beaches, golf courses and more.

Call the Sole Agents now to arrange a viewing or for more information about the property.