398 Onehunga Mall, Onehunga, Auckland City, Auckland

Remarkably rare proposition with a brand new ROW home and two brick and tile units snuggled on one freehold 556m2 site. Investors struggling to achieve appropriate returns from the Banking sector need to consider a boutique complex like this, where circa $100,000 pa is eminently achievable on current rental rates. The flexibility of the 3 dwellings spreads any risk accordingly, opening up the option of living in one and achieving rental income from the others. The new 3 brm home with 2 bathrooms and an open plan living arrangement, is an ideal starter home (if parents are looking to assist), while the easy-care units have well and truly stood the test of time. Rock-solid investment chances such as this, are seldom found, especially with the clearly obvious "home and income" prospects. Further upside is the scope to be able to subdivide the dwellings onto separate titles and increase the overall value. My owners of some 6 years have had their time and request a prompt sale to mitigate their pressing desires.

Asking $1,850,000

Phone Mark Sumich for all documentation and further property information (027) 4909814 mark@sumichrealty.co.nz