- Well-presented 350.7sqm standalone building on a 204sqm freehold site
- Comprising a newly refurbished apartment with 4-bedrooms plus study
- The ground floor provides a modern office space plus workshop/garage
- Flexible Business - Neighbourhood Centre permits a wide range of uses
- Split-risk investment, home & income or live/work, the choice is yours
This impressive mixed-use building has been recently refurbished to a high standard. With a well-balanced mix of commercial and residential, it presents a highly versatile opportunity that will attract a wide range of buyers, whether investors, occupiers or a bit of both. If you do not require commercial space yourself, the property can be purchased with a three-year lease over the commercial component, providing an immediate return of $35,000 + GST + Opex per annum to help pay the mortgage.
The penthouse apartment above comprises four double bedrooms, four bathrooms, his & hers ensuite in the master, a large open-plan kitchen, dining, lounge, office and washing room. Configured with generous balconies front and rear, the front with a north-facing outlook towards Rangitoto and the rear balcony with an outlook over Wai o Taiki Bay.
Positioned in a highly sought-after growth area in Auckland's Eastern Bays, it is set to benefit from the largest urban regeneration project in New Zealand, the Tamaki Regeneration Programme.
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