Keep it as Cash Cow or Develop ?

This villa offers 11 rooms with floor area of 381sqm fully rented with a total income of $126,000 a year.

Set on a flat section of 947sqm.

It is terrace housing and apartment buildings under proposed unitary plan. School zones include Auckland Boy's Grammar, Auckland Girls Grammar, Parnell School, and Newmarket School.

Walk to Auckland Hospital and the Auckland Domain, a short drive to Newmarket and enjoy the close proximity to the city centre and all it has to offer.

Vendor is motivated to sell.

Zoned 7b under current district plan, it is terrace housing and apartment buildings under proposed unitary plan. It has the potential for future develop subject to council approval.

Opportunities like this are hard to come by. Please phone Angela Yang on 021 338 311 for further information or to arrange an appointment to view.