Nestled in a sought-after Ponsonby locale, this property blends historic charm with modern convenience, offering a rare split-risk opportunity. The character property combines three separate tenancies, promising flexibility, income, and potential to add value.
Facing Jervois Road, a tenanted retail space leased to established hairdresser Emma Frances ensures steady income. Above, enjoy a spacious 4-bedroom, 2-bathroom flat boasting generous bedrooms, open plan living, and a sea-view deck. Additionally, fully self-contained vacant rear offices, complemented by decking, offer versatile customisation options for either commercial or residential use. With 2 off-street car parks, accessibility is convenient, enhancing the property's appeal on its 306sqm freehold site.
Positioned mere meters from Ponsonby Road, the property enjoys seamless access to the plethora of amenities offered by both Jervois Road and Ponsonby Road. Additionally, the CBD, Viaduct, and Ferry Terminal are conveniently reachable within a brief five-minute drive.
This property epitomizes the perfect blend of historic allure, modern convenience, and investment potential. Whether you’re seeking a comfortable residence or a lucrative investment opportunity, this property offers endless possibilities for discerning buyers looking to make their mark in this sought-after location.
Contact the sole agent today to arrange your viewing and obtain more information.
Features:
* Charming mixed-use property in great condition
* Unbeatable Ponsonby Location on the intersection of Herne Bay
* Spacious 4-bedroom, 2-bathroom
* Tenanted retail space, returning $48,000 net per annum
* Versatile vacant office space, fully self-contained
* Situated on a freehold site of 306sqm with two car parks