Saint Johns - Prime Property with Views in St Johns

Description

Tender: Closes on Wednesday 27 November 2024 at 4:00PM (unless sold prior)
This solid 1960s residence offers not just one, but three income streams in a sought-after St Johns location, giving you endless possibilities and flexibility, all on one freehold title.
On the ground floor, you'll find two self-contained, one-bedroom flats. Upstairs, there's a spacious two/three-bedroom flat with panoramic views stretching over St Johns, Tamaki Estuary, Half Moon Bay and Mt Wellington. The elevated position truly enhances the charm of this home.
Recently renovated, this property features a brand-new roof, fresh carpeting in the upstairs apartment, and newly painted interiors throughout. The outdoor concrete area has also been fully replaced, offering a fresh, low-maintenance exterior.
Whether you're looking to move in and enjoy the lifestyle while earning additional income, or explore development opportunities, this property has something for everyone. Zoned for Residential-Mixed Housing Suburban, the 607m² site offers potential for future development.
For investors, this property offers an excellent opportunity for strong rental returns and significant long-term capital gains. The rental appraisal is $1,610.00 - $1,680.00 per week.
The location is second to none, with access to popular schools such as Stonefields Primary, St Thomas's School and Selwyn College, as well as the convenience of Meadowbank and Lunn Avenue shopping centres. Glen Innes Train Station is close by, along with easy access to motorways, local beaches, restaurants, and medical services. A few minutes drive to Remuera Golf Club.
This is a rare buying opportunity thats not to be missed. Contact me today to learn more and schedule a private viewing at your convenience!