4/18 Airborne Road

Rosedale, Auckland

Price By Negotiation

Listing: L42995141


LIVE, WORK & INVEST - A SMART ENTRY POINT
Looking for your first property, a live/work solution or an investment with multiple income streams? This split residential/commercial property offers flexibility, functionality and income in one package. Upstairs, the light-filled, north-facing studio-style apartment features open-plan living, dining and kitchen, a master bedroom with ensuite, plus a study/office or small second bedroom. Downstairs, the well-presented, self-contained office/clinic includes reception, three rooms, kitchen/utility area and bathroom. Air conditioning, its own patio and two allocated car parks add to its appeal. Solid concrete tilt-slab construction and aluminium joinery provide a low-maintenance setup in a convenient Rosedale location, close to motorway on-ramps, public transport links, cafes, schools and local shopping. The income opportunity: • Residential tenancy currently returning $27,040 p.a. including OPEX (OPEX portion $3,357.96 p.a.) • Ground-floor office currently leased by the Vendor at a discounted rate of $15,600 p.a. + GST ($17,940 incl. GST) + OPEX • Estimated market rental for the ground floor of $22,000 p.a. + GST + OPEX At current rents, combined income is approximately $42,940 p.a., With potential net income of approximately $45,682 p.a. (includes market estimate as above) Key features: • total sqm approx 152 • Residential + commercial configuration • North-facing upstairs apartment • 1 bedroom + study/office or small bedroom • Ensuite + downstairs bathroom • Self-contained office/clinic • Three rooms + reception • Air conditioning + private patio • Three car parks • Solid concrete construction • Approx. body corporate levy $4,115.92 p.a. Properties offering this established office/clinic-style configuration are not often available. Whether you're looking to live, work or invest, Unit 4 offers plenty of options. Income and rental figures are indicative and subject to tenancy arrangements, expenses and purchaser due diligence.
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150m² (approx) Floor Area

2 Car Parks

Contact The Experts
Nic Ebert

Senior Sales Consultant

P

09 486 8210
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