3199 Great North Road, New Lynn, Waitakere City, Auckland

3199 Great North Road, New Lynn, Waitakere City, Auckland Land Bank and Cash Cow

Here's your chance to secure a unique home and income opportunity with this charming 1920's character bungalow, offering both immediate rental income and long-term development potential. Situated in the sought-after Residential-Terrace Housing and Apartment Building Zone, this property is perfect for investors or those looking to land bank for future growth.

Main Home:

The front house boasts a delightful blend of 1920's character and modern comfort. With 4 spacious bedrooms, this home features a beautifully designed, modern kitchen that is both spacious and functional. The kitchen seamlessly flows into the open-plan dining area, creating an ideal space for family living and entertaining. For those who love hosting, the large French doors open onto a spacious deck, extending the entertainment space outdoors, perfect for BBQs and gatherings.

Income-Generating Opportunity:

At the rear, you'll find a 2-bedroom secondary dwelling-perfect for generating additional rental income. Whether you choose to rent out both homes or live in one while earning income from the other, this setup offers flexibility and significant cash flow potential.

Prime Location:

Located just a short walking distance from both the bus and train stations, this property offers unbeatable convenience for commuters. In addition, the proximity to Lynn Mall, local shops, cafés, and restaurants allows you to enjoy the vibrant lifestyle of New Lynn Town Centre.

Development Potential:

For savvy investors, this property offers the exciting possibility of future development. With its zoning, you could explore the potential for further development on this sizeable section, making it a land banker's dream. Unlock its value by developing in the future or enjoy the rental income in the meantime.

This is a rare opportunity that combines immediate rental returns with long-term capital growth potential. Act fast to secure this solid investment!