Stanmore Bay - One Unit - Two Rental Spaces - Many Options!

Price $619,000
Location 592L Whangaparaoa Road, Stanmore Bay
Type Unit
Bedrooms 3
Bathrooms 2
Land m2
Listing No # 897631
Listed 3/09/2024
Views 20

Open Homes

Description

Possibly the most affordable property on the coast, this investment gem is waiting for you! Offering dual income potential and a versatile layout, this unique property presents an exceptional opportunity for both investors and entrepreneurs. With one unit title and two distinct rental spaces, including a business space, there are endless possibilities to explore.
The ground floor features a commercial tenant space with a kitchenette, toilet, and shower, perfect for a shop, office, or studio. Upstairs, you'll find a comfortable two-bedroom residence complete with a full kitchen and 1.5 bathrooms, providing a welcoming living space.
Key Features:

  • Dual Rental Spaces: Commercial space on the ground floor with a tenant, kitchenette, toilet, and shower, and a two-bedroom home upstairs with a full kitchen and 1.5 bathrooms.
  • Current Income: Generating a total income of $780 per week, offering immediate returns.
  • Prime Location: Ideally located near the new Penlink development, New World, and a shopping center, enhancing its potential for business and lifestyle.
  • Local Attractions: Close to beautiful local beaches and Shakespear Regional Park, perfect for recreation and relaxation.
  • Great School Zone: Situated within a desirable school zone, making it ideal for families.
  • Built in 2007: Constructed with weatherboard, concrete block, and panel cladding for peace of mind.

Whether you're seeking a live-work solution, a dual-income investment, or simply a unique coastal property, this is your chance to make it happen. Dont miss out on this incredible opportunity!
Conjunctionals Welcome

Contact our agents

Barfoot & Thompson Ltd (Licensed: REAA 2008) - Browns Bay

35 Clyde Road, Browns Bay
Auckland , 0630


Barfoot & Thompson Ltd (Licensed: REAA 2008) - Browns Bay

35 Clyde Road, Browns Bay
Auckland , 0630


RealEstate Agents contact details and original listing on www.realestate.co.nz -

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