604/20 Park Avenue, Ellerslie, Auckland City, Auckland

Rare Dual-Key Opportunity in the Heart of Ellerslie

A rare opportunity in the highly sought-after LQ Ellerslie, this dual-key apartment offers exceptional flexibility and income potential. Comprising two fully self-contained residences under one title – a stylish one-bedroom apartment and a separate studio – the property also includes one secure car park.

Perfect for investors or savvy owner-occupiers, you can live in one and rent the other, rent both long-term, or explore short-stay/Airbnb possibilities. Positioned on Level 6, both apartments feature modern finishes, tiled bathrooms, and excellent natural light.

This is a true set-and-forget investment or an ideal city-fringe home base with built-in income.

Property Features

Dual-key configuration: 1-bedroom apartment + studio

One secure car park

Separate entrances, bathrooms, and kitchenettes

Residents’ on-site gym and rooftop terrace

Just a 4-minute walk to Ellerslie train station, shops, cafés, and Ellerslie Village

Outgoings (approx.)

Body Corporate: $5,631 p.a.

Council Rates: $3,545 p.a.

Rental Appraisal

$1,000 – $1,085 per week combined

1-bedroom: $570 – $605 p.w.

Studio: $430 – $480 p.w.

CV (2024): $890,000

Split-income properties like this are highly sought after by investors, offering dual revenue streams, strong rental demand, and long-term flexibility.

Vacant and available for immediate inspection. Call today to arrange a viewing.

Images are of the actual apartment and have been virtually staged.