Listing #:1649771720

Auction Sunday... 3 Flats = Top Investment

Location: 32 Shetland Street, Glen Eden, Waitakere City, Auckland
Rooms: 4 bedrooms, 3 bathrooms
Property type: House
Land area: 1011m2
Price: To be sold by auction on 24 Jun
Parking: 2 carports, 4 off street
Open home times:
Where else can you find a property offering 3 income streams, plus the potential to develop this 1,011m² freehold site further (zoned Mixed Housing Suburban Zone).
Set up as 3 separate flats, this fantastic property offers real cash flow, with recent rent appraisals showing returns of up to $64,480 pa, and that's not including the added benefit of the land this property comes with!
Set against the Titirangi Foothills, and nestled close to the Waitakere Ranges and Oratia, the property itself is surrounded by established trees and hedging, and enjoys a beautiful private outlook offering peace and serenity.
The lower flat is a self-contained 1 bedroom flat, with separate double bedroom and spacious living room and large kitchen/laundry and bathroom, and also includes the adjoining carport and private patio area.
Upstairs the main flat is very spacious in size, with a wrap-around sun-filled decks, large living and 2 double bedrooms all opening out to the deck. A 'wet room' style bathroom means this is ideal for someone with a disability and has a dining area beside the kitchen/laundry. This unit is carpeted with sound insulating underlay as well.
Behind this is a separate wing with the 3rd of the individual flats, with character French doors leading to the living room with polished floors, separate kitchen, 1 bedroom and bathroom. This unit also has a large workshop storage area underneath.
Immaculately presented inside and out all units enjoy fantastic indoor/outdloor flow and the charm and character of yesteryear making it a joy to view.
Zoned for the popular Konini Primary School only 610m away, Glen Eden Intermediate and Green Bay High School, making this perfect for families.
Whether you are an investor looking for a prime investment, or a large or extended family, retiring and after an income or even a professional couple looking to get ahead with their mortgage - this property could suit you all! With the ability to develop further, you could investigate the possibility of building or on-selling th

Agency reference #: HF180520
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While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school. Read our Maps in Property help page for further information.

QV.co.nz property report

Find out this property's RV and how much it has sold for previously.

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Recent QV.co.nz sales information

  • $850,000 – 26 Shetland Street, Glen Eden, Auckland
  • $920,000 – 36 Shah Place, Glen Eden, Auckland
  • $815,000 – 16 Phillip Avenue, Glen Eden, Auckland

The average value in Auckland in the last 3 months was $1,051,687. View more recent sales at QV.co.nz

To be auctioned
Listed: Wed 30 May, 4:48 pm
Nicky Malloy
Harcourts Henderson - Blue Fern Realty LTD, Licensed Agent (REAA 2008)
  • Contact details
  •  (021) 1803299
  •  (0800) 180111

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Agent's details

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Nicky Malloy
Mark Malloy
Harcourts Henderson - Blue Fern Realty LTD, Licensed Agent (REAA 2008)
(09) 8380925
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Expires: Sat 18 Aug, 5:34 pm
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