8 Dinglebank Road, Mt Wellington, Auckland City, Auckland

Auction: 34 Shortland Street, City on Wednesday 22 May 2024 at 1:30PM (unless sold prior)

First time on the market in 35 years. Here's a fantastic investment opportunity in a prime location! Situated in a tidy cul-de-sac, this solid block of brick and tile units offers 3 X 2 bedroom units on a lush 1201m² section.

Inside, you'll find a separate kitchen, open plan living area, and two double bedrooms. Each unit also opens onto its own private, sun-drenched garden area, providing a peaceful retreat for tenants. Plus, with carports included for each unit, parking is convenient and secure.

Currently yielding $72,800 per annum, there's plenty of potential to increase rental income and maximize your investment returns. The current owners have proudly owned this property for over 30 years, with long-standing tenants who have enjoyed calling it home for many years.

In a Mixed Housing Suburban zoning, this property offers significant potential for future development or expansion. Its central location provides easy access to local amenities, motorway connections, and public transport options, making it highly desirable for tenants.

Opportunities like this are rare, so don't miss out! Take action now to secure this blue-chip block of units and start reaping the rewards of a smart investment decision.

See this listing on Barfoot & Thompson