604/20 Park Avenue, Ellerslie, Auckland

2 Bed Dual-Key Investment Income & Flexibility

A rare opportunity in the popular LQ Ellerslie - this dual-key apartment offers two self-contained units under one title: a one-bedroom apartment and a separate studio, complete with one secure car park.

Live in one and rent the other, rent both long-term, or explore short-stay/Airbnb potential - the flexibility here is unmatched. Positioned on Level 6, both apartments enjoy modern finishes, tiled bathrooms, and great natural light. A true set-and-forget investment or smart home base with income.

• Dual-key setup: 1-bedroom + studio apartment
• 1 secure car park included
• Separate entrances, bathrooms, and kitchenettes
• On-site gym and rooftop terrace
• 4 Min walk to train, shops, and Ellerslie village

Outgoings (approx.):

• Body Corporate: $4,029 p.a.
• Council Rates: $3073 p.a.
• Rental Appraisal: $1000 - $1085 pw - made up of $570-$605 (1-bed) + $430-$480 (studio) per week
• CV 2024 $890,000

Split-income properties like this are extremely popular with investors for their dual-stream cash flow and long-term versatility.

Disclaimer: Images are virtually staged