19 Parrish Road, Sandringham, Auckland

Develop, landbank or as home and income

A prime parcel of land with the opportunity to maximise and capitalise. 19 Parrish Road is ready to reward and ideal to landbank and grow, or enjoy solid home-income today and ensured financial security for years to come.

The land has development potential being zoned Mixed Housing Urban (subject to council approval). Located in an in demand area and position, zoned for Mt Albert Grammar School, Balmoral School, and Kowhai Intermediate. Only minutes walk to Eden Park and Dominion Road retail strip with multiple restaurants, cafes, Farro supermarket, transport and more. An easy commute into the city or Ponsonby, the location is a standout.

This elevated, flat and north facing section is offered with a circa 1950's home that is split into 2 flats and a rear 3.5 bedroom stand alone home. There is also ample off street parking on site for all tenants. All properties are currently tenanted and returning a handsome $95,000 approx. per annum.

Flat 1 - Offers 1 bedroom, 1 bathroom, plus separate studio with ensuite. Nice and modern, recently renovated, high ceilings and a lovely front yard.

Flat 2 - Offers 2 bedrooms, 1 bathroom with an open plan layout, large living and dining room. Recently renovated, high ceilings and well-maintained. There is also a nice front yard to enjoy.

Flat 3 - Offers 3.5 bedrooms, 1 bathroom with 1 additional separate toilet, open plan living, dining and modern kitchen, recently renovated. There is also a large backyard with flat lawn.

An incredibly versatile property, there are not many opportunities that come around like this!

The vendor advises that the dwellings have not experienced any internal flooding or water ingress during the period of its ownership.

Please contact Wei Wei and Jed today for more information.

Viewing by appointment.