Live, earn and land bank
This is a rare offering - a substantial lifestyle property that is close to town, offering an exceptional combination of home, income, and investment potential. Set on a generous 1.72-hectare (more or less) Industrial A zoned block, this unique property presents an opportunity to enjoy a spacious family home while benefiting from established commercial rental income and significant land-banking potential.
There is the opportunity to tailor a home to your own needs and lifestyle, while securing investment income and development potential.
· The main home: A substantial 250sqm (approx.) solid brick family home featuring 5 bedrooms plus a dedicated office, multiple living areas, and a sunny main lounge. The master bedroom includes an ensuite and built-in wardrobes.
· Garaging: One attached garage and one single detached garage providing workspace and storage.
· The "Engineerium": A solid 183sqm (more or less) industrial building equipped with three-phase power, great access, and space for vehicles, machinery, or tools. It can be used as a personal workshop or rented out for additional income. Rear industrial building: A massive 676sqm (more or less) industrial building that is currently rented.
· Leased yard space: Additional commercial yard space adjacent to the rear building, currently leased by a desirable anchor tenant.
This is a rare opportunity — live on site while receiving rental income, all the while holding a substantial parcel of land with potential for the future.
Whether you're looking for a large family home, with generous storage and workshop space, an income-producing property, or a strategic land-bank opportunity, this offering provides the flexibility to do all three. Conveniently located close to town, local schools, shops, and amenities, you're never far from everything you need.
Also available is the adjoining industrial property at 113 - 119 Alford Forest Road and the residential property at 103 Alford Forest Road. The properties can be purchased as part of a portfolio or separately.
Live here. Earn from it. Land bank for tomorrow.
Purchase price is plus GST (if any)
103 Alford Forest Road - https://www.bayleys.co.nz/5531592
105-119 Alford Forest Road - https://www.bayleys.co.nz/5531566
Further information : http://propertyfiles.co.nz/5531566
There is the opportunity to tailor a home to your own needs and lifestyle, while securing investment income and development potential.
· The main home: A substantial 250sqm (approx.) solid brick family home featuring 5 bedrooms plus a dedicated office, multiple living areas, and a sunny main lounge. The master bedroom includes an ensuite and built-in wardrobes.
· Garaging: One attached garage and one single detached garage providing workspace and storage.
· The "Engineerium": A solid 183sqm (more or less) industrial building equipped with three-phase power, great access, and space for vehicles, machinery, or tools. It can be used as a personal workshop or rented out for additional income. Rear industrial building: A massive 676sqm (more or less) industrial building that is currently rented.
· Leased yard space: Additional commercial yard space adjacent to the rear building, currently leased by a desirable anchor tenant.
This is a rare opportunity — live on site while receiving rental income, all the while holding a substantial parcel of land with potential for the future.
Whether you're looking for a large family home, with generous storage and workshop space, an income-producing property, or a strategic land-bank opportunity, this offering provides the flexibility to do all three. Conveniently located close to town, local schools, shops, and amenities, you're never far from everything you need.
Also available is the adjoining industrial property at 113 - 119 Alford Forest Road and the residential property at 103 Alford Forest Road. The properties can be purchased as part of a portfolio or separately.
Live here. Earn from it. Land bank for tomorrow.
Purchase price is plus GST (if any)
103 Alford Forest Road - https://www.bayleys.co.nz/5531592
105-119 Alford Forest Road - https://www.bayleys.co.nz/5531566
Further information : http://propertyfiles.co.nz/5531566
Key features
Location
Allenton location
Dwelling details
Five bedroom two bathroom home
Outbuildings
Includes a 93sqm industrial building and a substantial 676sqm tenanted building to the rear of the property
Land use
Additional yard space is leased by a disireable anchor tenant
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