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28 Simkin Avenue, St Johns, Auckland City, Auckland

$289,000

28 Simkin Avenue, St Johns, Auckland City, Auckland

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2

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UnitListed on Fri Apr 5

Saint Johns 4 Bedroom Calling Investors and Entrepreneurs

This solid 1960s residence provides two income streams in the highly desirable suburb of St Johns, presenting endless possibilities for investors or homeowners seeking flexibility and growth potential.

Situated on a generous 701m² leasehold section, this property features a spacious 3-bedroom unit upstairs and a 1.5-bedroom unit downstairs, each with its own carport.

Enjoy immediate income as you move in, or take advantage of the option to build your dream home at the rear (subject to conditions) while benefiting from steady rental returns. Utilize the $450/week rental income from the downstairs unit to help cover the ground lease cost of $498.75/week. For investors, this property holds strong potential for impressive rental yields and significant capital growth over time.

Current rental return of both units is $1110/week.

Perfectly positioned in the heart of St Johns, this home is zoned for sought-after Stonefields School and Selwyn College. Nearby, enjoy the recreational amenities of Remuera Golf Club, Merton Road Tennis Center, and Swimming Tastic. Easy access to the North-South Motorway ensures quick connectivity across Auckland.

Don’t miss out on this incredible opportunity. Contact me today for more information!

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2024 12 11

Improvement value$325,000Reduced by -9% from year 2017

Land value$1,525,000Increased by 55% from year 2017

CV(Year 2021 Month 06)$1,850,000Increased by 38% from year 2017

View typeNo appreciable view

ContourEasy/Moderate rise

Land area701m²

Floor area172m²

Decade of construction1970

Title597441

Type of titleLeasehold

Legal descriptionLOT 148 DP 53562 701M2

CouncilAuckland - City

Estate descriptionLEHD,1/1,LOT 148 DEPOSITED PLAN 53562,701m2

ConstructionExternal Walls: Mixed Materials
Roof: Tiles

ConditionExternal Walls: Average
Roof: Average

ZoningResidential - Mixed Housing Suburban Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Selwyn College	1.39 km	Secondary	9-15	Government	Co-Educational	EQI: 420	4	Detail
Stonefields School	1.66 km	Primary	1-8	Government	Co-Educational	EQI: 361	9	Detail
Baradene College	4.06 km	Secondary	7-15	Government	Single Sex-Girls	EQI: 372	9	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone

Land:-

Title:Leasehold

Surrounding facilities

Simkin Avenue Neighborhood and Surrounding Data
Simkin Avenue neighborhood is a sub-region located within Saint Johns city

Suburbs

Data analysis - Saint Johns properties data

Sales count(Last 12 months)

1View

Type: Leasehold

Sales median price(Last 12 months)

$170,000

Low: $170,000, High: $170,000

Rent median price(Last 12 months)

$950

Low: $600, High: $1,200

Saint Johns property trend

Year	Median price	Growth	Sales count
2024	$170,000	91%	1
2018	$89,000	-68.8%	1
2015	$285,000	-	1

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
1/2/3/31 Simkin Avenue, Saint Johns	0.15 km	7	4	205m²	Year 2024 Month 12 Day 10	-	Council approved
20 Strong Street, Saint Johns	0.13 km	5	4	-m²	Year 2024 Month 11 Day 19	-	Council approved
4-5/49 Simkin Avenue, Saint Johns	0.01 km	4	2	180m²	Year 2024 Month 09 Day 27	-	Council approved
45/49 Simkin Avenue, Saint Johns	0.01 km	4		180m²	Year 2024 Month 08 Day 29	$1,025,000	Council approved
2/17 Simkin Avenue, Saint Johns	0.10 km	3	1	-m²	Year 2024 Month 07 Day 01	$105,000	Council approved