


Listing Description
3 Incomes in one building - investors should view
Lot 5/327 Hobsonville Road, Hobsonville, Waitakere City, Auckland
Asking price $1,495,000
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Agency reference | GED3794 |
| Broadband in the area |
Description
What a find, opportunities like this in Auckland are extremely rare, a solid 2 storey brick and tile building boasting 460sqm (approx) of usable living space.
This property is zoned as residential use by council which is currently set up as follows - On the right hand side a spacious 4 bedroom house set over two levels with 2 bathrooms, kitchen/dining room leading to an outdoor entertainment area. Upstairs are four generous sized bedrooms plus 2 bathrooms and an upstairs seating area.
On the left hand side - Upstairs is a self contained 2 bedroom flat which has undergone some modernisation with an upgraded kitchen and carpets. Currently tenanted on a periodic tenancy at $540pw, the tenants are keen to stay.
Downstairs (LHS) is a spacious area that was previously used as a commercial office, but has its own kitchen and bathroom which means with some modifications it has the potential for additional residential use.
This building is zoned as residential in the mixed housing urban with a current CV of $1.5m. With current rental appraisals and a little work you could be achieving nearly $2,000 per week.
Access is restricted to the open homes only.
Open home times
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