This rare dual-income property offers an outstanding opportunity, currently generating $905 per week in rental income. With a versatile layout and prime location and with sunny north-facing windows, it's perfect for both personal use and/or investment.
• Dual Income Potential: The ground floor, classed as commercial, is currently set up as a self-contained studio apartment featuring a kitchen, bathroom, and private entrance, along with an easterly-facing patio that enjoys morning sun.
• Upper Residence: The upper two levels offer a private entrance, open-plan living, laundry, and powder room on the first floor, with a west-facing deck ideal for evening relaxation. The top level includes two spacious bedrooms and a family bathroom.
• Parking: Two designated off-street parking spaces, plus ample guest parking.
• High Yield: Delivering a 7.9% gross yield at the asking price, this property offers excellent returns.
• Prime Location: Conveniently located near the new Penlink development, New World, and shopping centres, enhancing both lifestyle and business potential.
• Modern Build: Built in 2007 with durable weatherboard, concrete block, and panel cladding for peace of mind.
Whether you're an investor seeking solid returns or a homeowner looking for income potential, this property is a must-see!
To download the documents for this property, copy and paste the following link into your browser: https://www.harcourtsfiles.co.nz/listings/5CJ7
*Note: photography for 2x upper levels is from when the property was previously sold in 2020.