This exceptional property, built in the reliable 1970s, premium income returns in a breathtaking waterfront location.
The Investment
This property delivers an impressive annual return of $83,200, with a fixed term ending on November 17, 2026. Combining future lifestyle and financial benefits, its versatile design ensures a reliable and consistent income.
The Home and The Income Unit
- 5 Bedrooms, 2 Bathrooms: Generously proportioned and designed for family living.
- Family Kitchen & Lounge: A spacious kitchen/dining area flows into a separate lounge
- 1 Bedroom + Extra Room: A light-filled, self-contained unit with an open-plan living/dining area and a bonus sitting room or second bedroom.
- Private & Convenient: Located under the same roof but with its own carport, the unit enjoys full privacy and all-day sun.
- Ample Parking: Generous off-street parking and an internal garage complete the package.
The Lifestyle
- Waterfront Views: A stunning 1163m² section extends to the river's edge. Enjoy kayaking, paddleboarding, or relaxing at your private inlet-a rarity in Auckland.
- Zoning Advantage: Zoned 'single house' under the unitary plan, ensuring less competition from developers.
- Prime Location: Easy access to Avondale Town Centre, Avondale College and Riverdale Reserve
This property is an exceptional opportunity for investors and lifestyle seekers alike. Don't miss out on this unique offering that blends superior living with a reliable income stream.
AGENTS - CONJUNCTIONAL WELCOME FROM DAY ONE
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as RPNZ or Auckland Council (LIM) documents. They have not been measured by the Salesperson or City South Investments 2019 Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.