1-4/31A Vine Street, Mangere East, Auckland

Unlock the door to a unique investment with this solid brick and tile gem, making its first appearance on the market in over four decades. This property comprises four separate titles, each home to a 2-bedroom unit that combines charm with income-producing potential.

Key Highlights:

• First-Time Offering: A once-in-a-generation opportunity to acquire a well maintained property held by the same family for over 45 years, now embarking on new adventures.

• Solid Construction: Each unit is built with enduring brick and tile, low maintenance and lasting appeal.

• Flexible Investment: With four individual titles, investors have the flexibility to strategize: sell separately, live in one while renting the others, or maintain as a comprehensive investment portfolio.

• Income Potential: Three out of the four units are currently rented to reliable tenants, bringing in an attractive annual income of approximately $79,820. With the potential to increase earnings over $105,000 per annum once fully tenanted, this investment is as promising as it is flexible.

• Desirable Configuration: Each of the four units features a thoughtful 2-bedroom layout, catering to a broad market of small families, professionals, and downsizers seeking quality living spaces.

• Strategic Location: Situated in a sought-after area, these units promise high tenancy demand and appreciating value, thanks to their convenient access to local amenities, transportation, and community hubs.

This is more than an investment; it's a legacy. A testament to solid construction and timeless appeal, this property is perfect for investors seeking a stable and growing return or those looking to expand their real estate portfolio with a standout offering.

Don't miss out on this unparalleled opportunity to own a significant piece of real estate with promising returns and flexible potential. Contact David-027 324 2038 today to learn more about how you can make this unique investment yours.