03-13 12:00 12:00-12:30
Rārangi Hou
Auction: 34 Shortland Street, City on Wednesday 9 April 2025 at 10:00AM (unless sold prior)
YOU DO THE MATHS … Currently generating $1,950 per week from three tenancies, with the potential to earn $2,600 per week when fully tenanted, this high-yield opportunity is not to be missed. Motivated vendor – this property MUST be sold.
Sitting on a flat, northwest-facing 696m² site, this property offers multiple possibilities. Zoned Mixed Housing Suburban, you could explore development options or retain the solid brick dwelling while maximizing the back section’s potential.
The existing dwelling is configured into four separate units—two on the upper level and two on the ground floor—providing a flexible investment opportunity. Live in one and rent out the others, or continue leasing all four for maximum rental returns.
Grey Lynn’s central location and vibrant lifestyle make this a sought-after address. Enjoy parks, top schools, and easy access to Richmond Road’s cafes, bars, and dining hotspots—from a relaxed drink at Gypsy Tea Room to dinner at Lilian.
Don’t miss this prime opportunity—act now!
Contact Cindy for more details.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 3 | 133m2 | 2025 01 11 | $1,230,000 | Council approved | ||
 | 0.15 km | 3 | 1 | 138m2 | 2024 10 14 | $1,030,000 | Council approved | |
 | 0.15 km | 6 | 3 | 190m2 | 2024 10 01 | $1,498,000 | Council approved | |
 | 0.10 km | 3 | 1 | 99m2 | 2024 09 18 | $1,930,000 | Council approved | |
 | 0.08 km | 3 | 1 | 97m2 | 2024 09 15 | $1,775,000 | Council approved |