11A Buchanan Street, Devonport, North Shore City, Auckland

SEE ALSO BAYLEYS LISTING #1470672 - Landmark Home in the Heart of Devonport

*2 x self-contained garden studios plus large outbuilding *Off street parking *Operating as a Motel for over 20 years *Commercial investment with income *Residential twist *Will appeal to foreign investors

Two north facing self-contained studios and a large workshop/shed set in secluded, landscaped gardens well back from the street down a leafy driveway.

Built as a single dwelling in 1924 it has more recently been operated as Devonport’s only motel having been favourably consented for commercial accommodation in a residential zone.

The current owner is an overseas investor, and the property will similarly appeal to non-residents looking to buy realty in New Zealand.

Owner has advised the income as circa $80,000-$100,000 per annum. Potential to increase with a tight operator.

Opportunities include continue running the business as a motel/Airbnb, convert back to a comfortable residence, or a mix of the two.

A rare find in the heart of Historic Devonport village, 5-minutes’ walk from the beach, parks, library, cafes/bars/restaurants, New World supermarket and a fast ferry service to the CBD.

Will suit entrepreneurs, local/foreign investors, first time buyers and downsizers.

View by appointment.