Discover a rare opportunity in sought-after Algies Bay - where lifestyle meets investment potential. This cleverly designed property offers exceptional flexibility, whether you're looking to enjoy your own coastal retreat, accommodate extended family or friends, or looking to maximise rental income. This solidly built home can be easily configured as: * A spacious 4-bedroom, 2-bathroom family home with a study, or * Two fully self-contained units: - A 2-bedroom + study residence upstairs - A 2-bedroom apartment downstairs - each with its own kitchen, bathroom, and living space. With separate power meters and two hot water cylinders, this setup is ideal for multigenerational households, dual living, or rental income. From its elevated position, the home enjoys sweeping views across Kawau Bay to Great Barrier Island. The sun-drenched upper level features a spacious open-plan living area that flows seamlessly to a wraparound deck - the perfect space for relaxing or entertaining with a breathtaking coastal backdrop. The updated kitchen upstairs enhances daily living, while a convenient ramp connects the upper level to the backyard, ensuring accessibility for all ages. Even the lower level enjoys a peek of the sea, adding to the charm throughout. Situated on a manageable 520m2 freehold section with off-street parking, this property is your gateway to the friendly Algies Bay community. Enjoy a great swimming beach, boat ramp, and scenic reserves, all just an hour from Auckland CBD. Whether you're seeking a permanent home with financial benefits, a shrewd investment with strong rental returns (potential combined income approx. $1,000+ p/w), or a versatile holiday escape, this property delivers on every front. Don't Miss Out - whether you're after a permanent home with income potential, a shrewd rental investment, or a versatile holiday property, this is an opportunity too good to pass up. Enquire today for more information or to arrange a private viewing. Auction Onsite Saturday 11th October @ 2:30pm (Unless Sold Prior)