


Listing Description
2 Bed Dual-Key Investment High Yield
604/20 Park Avenue, Ellerslie, Auckland City, Auckland
Asking price $899,000
Details
| Attribute | Value |
|---|---|
| Property type | Apartment |
| Parking | 1 off street carpark |
| Agency reference | 1754906 |
Description
A rare opportunity in the popular LQ Ellerslie – this dual-key apartment offers two self-contained units under one title: a one-bedroom apartment and a separate studio, complete with one secure car park.
Live in one and rent the other, rent both long-term, or explore short-stay/Airbnb potential – the flexibility here is unmatched. Positioned on Level 6, both apartments enjoy modern finishes, tiled bathrooms, and great natural light. A true set-and-forget investment or smart home base with income.
- Dual-key setup: 1-bedroom + studio apartment
- 1 secure car park included
- Separate entrances, bathrooms, and kitchenettes
- On-site gym and rooftop terrace
- 4 Min walk to train, shops, and Ellerslie village
Outgoings (approx.):
- Body Corporate: $5,631 p.a.
- Council Rates: $3545 p.a.
- Rental Appraisal: $1000 - $1085 pw - made up of $570–$605 (1-bed) + $430–$480 (studio) per week
- CV 2024 $890,000
Split-income properties like this are extremely popular with investors for their dual-stream cash flow and long-term versatility.
Vacant and available for immediate inspection. Call now to view.
Images are of actual apartment and have been virtually staged.
Open home times
Property Files

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