Tenanted live / work investment


2/54 Magdala Place, Middleton

Asking Price NZD $399,000 + GST (if any)

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Tenanted live / work investment | 2/54 Magdala Place, Middleton | 5511340 |      X Close
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Tenanted live / work investment


This well located tenanted investment presents a great opportunity to an astute investor wanting a residential/commercial investment which is higher yielding than most residential investments.

The property consists of a two bedroom live work/hobby apartment boasts 55sqm of warehouse/storage, 25sqm of office/amenity and two car parks. Nestled in the premium location of Wigram on Magdala Place, this unit presents a great opportunity for small businesses or hobbyists alike. The upstairs apartment is well appointed with a modern kitchen and bathroom. It has a great balcony overlooking its own private garden area.

•Returning $24,000 + GST and outgoings per annum

•Two bedroom apartment

•Approximately 55sqm warehouse/storage

•Approximately 25sqm office/ amenity

•Approximately 17sqm of mezzanine

Call the sole agents now!

2/54 Magdala Place, Middleton

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