Grafton - Residential + Commercial - selling under CV!

Description

A highly valuable mixed-use property located on the outskirts of the city, this building is both commercially viable and suitable for residential living. It is an exquisitely crafted architectural masterpiece, and the owner's price expectations are far below the government's valuation - $1.36m, making it a rare investment opportunity in the market. Note that this property is situated on a mixed-use plot and is classified as Commercial-Multi/Other-Suburban on the QV website, meaning it can be sold to any buyer, including overseas investors.

Key Features:

• Near new: 3 levels with 2 bedrooms & 2.5 bathrooms - floor area 120m2 ( approx)
  
• Ground Floor: 40m2 (approx) with separate entrance on 3/150 Symonds St. Currently leased as an accountant's office.
  
• Second floor: spacious open-plan living and dining area with a modern kitchen
  
• Third floor: 2 double bedrooms, an en-suite, and the main bathroom
  
• 2 secured exclusive car parks
  
• In-zone for a wide range of top schools such as Newmarket School, Kowhai Intermediate, Auckland Grammar School, Auckland Girls' Grammar School and Mount Albert Grammar School
  
• Lovely view of Rangitoto
  
• Secured complex with a remote electronic gate as well as a pedestrian gate
  
• Bus stop is just outside the complex on Symonds St
  
• Absolute premium location: a few minutes away from CBD, Newmarket, Mt Eden and Ponsonby and easy access to Northern, North-western and Southern Motorways
  
• CV - $1,360,000. Annual body corporate: $4105.74. Current rental return approx.: $46,440.
  

Call the listing agents today to find out more!