Rare Trophy Double Grammar Investment


4 View Road, Mt Eden

Tender

Download Email
Rare Trophy Double Grammar Investment | 4 View Road, Mt Eden | 1751901 |      X Close
Image
Description

Rare Trophy Double Grammar Investment


Unique opportunity to invest in this heritage apartment block in central Auckland on a freehold site consisting 1012sqm. Much admired, Mountain Court is a rare block of seven Spanish Mission-style apartments on the sought-after city-side of Mt Eden Village.

Solidly built of double cavity brick with steel reinforcing in 1937 and 1946, this low maintenance stucco complex is handy to the city bus route in double Grammar and Mt Eden Normal Primary zones.

This trophy property has recently been seismically upgraded (to 70% NBS) and refurbished to a high standard, north facing in an elevated position with city and harbour views. Each of the seven two-bedroom apartments are approx. 80sqm and fully insulated. Smart modern interiors offer comfortable living, with five apartments enjoying working fireplaces. There is off-street parking along with four single garages.

Properties of this quality and location seldom come to market. Take advantage of fantastic future potential to increase rents, Airbnb or boutique accommodation at this highly sought-after inner-city address. An outstanding passive family trust investment. Current zoning Mixed housing suburban.

Property Specifications:

House Area: 559sqm (seven apartments of approx. 80sqm)

Land Area: 1012sqm (more or less)

CT: NA689/196 (Fee Simple)

Legal Description: Lot 5-6, Deposited plan 20954

Rates: $11,198.89 (GST Inclusive)

CV: $3,475,000

School Zones: Auckland Normal Intermediate, Mt Eden Normal School, Auckland Girls' Grammar, Auckland Grammar, Epsom Girls' Grammar, Mt Albert Grammar

Click here to find out what's within walking distance from your new home

Click here to subscribe to the Wallace Report Email Newsletter

Trademe clients, please view links on www.bayleys.co.nz/1751901

4 View Road, Mt Eden

Open in map