4/386 Richmond Road, Grey Lynn, Auckland City, Auckland

Positioned within the tightly held gated community 'Summerfield Villas' in the heart of Grey Lynn, this substantial terrace-style home presents an outstanding opportunity for buyers with vision.

Spanning a generous footprint (176 sqm) with an elevated urban outlook, this is a home offering great bones, excellent proportions, and genuine scope to add value through renovation. Configured across multiple levels, the layout provides natural separation between living areas and flexible spaces, with outdoor areas offering further potential to enhance and personalise. Add to this a unique opportunity for small business owners seeking a combined residential and office or showroom setup with independent road-front access.

This is a classic do-up opportunity. Other renovations in complex have included reworking lower levels, creating additional living or bedroom space, or enhancing flexibility for work-from-home or extended living arrangements.

• FREEHOLD Title
• 176 sqm (more or less*)
• Two Bedrooms
• Two Utility Rooms (currently configured as a bedroom and shop/showroom)
• One Bathroom + One Toilet/Washroom
• Internally Accessed Double Garage

Complex Facilities

• Resort Style Swimming Pool
• Gym

Income

• Currently Rented at $815 per week fixed until February 2026. (tenant would love to stay on - vacant possession available)
• Rent Appraisal $900 to $950 per week (as is), $1,050 to $1,100 per week (with light renovation - carpet, paint)

Securely gated and immaculately maintained, the complex features a tropical-style pool and on-site gym. Location wise, you are an easy stroll to West Lynn village and Grey Lynn Park with Ponsonby and CBD reachable by foot but only minutes away by bus which stops on your doorstep.

Extremely well maintained complex, outstanding location, and full of potential, opportunities like this in Grey Lynn are increasingly rare. If you have been waiting for a property where you can truly make your mark and add value, this is one worth inspecting.

Contact us today for a full information pack, to arrange a viewing or discuss placing an offer.

*Size is as per Auckland Council website and could be more or less.