12 Laurina Road

Sunnynook Auckland

610 m²

928 m²

Other

Currently for sale - view listing

Overview

Solid Returns With Future Development Upside

Asking Price: $2,225,000 +GST If you've been weighing up commercial vs residential, this property removes the need to choose. Offering a well-balanced mix of both, 12 Laurina Road delivers diversified income, long-term security, and future potential in one compelling package. At the heart of the investment is a well-established childcare centre occupying the ground floor, providing a stable commercial return underpinned by a secure lease. Complementing this are two residential apartments above, adding further income and flexibility to the overall holding. Key Features: - Dual-income stream: established childcare tenancy plus two residential apartments - Strong combined returns: $147,904 + GST - Childcare: $91,404 + GST - Residential: $64,975 (GST inclusive) - Secure lease profile: current term through to July 2028 with 4 x 5-year rights of renewal - Freehold site: 927sqm with prominent street presence and 30 meter road frontage - Mixed Housing Suburban zoning: future intensification and redevelopment potential - High-demand location: surrounded by ongoing development and strong residential growth Whether you're looking for a hands-off investment with reliable cashflow, a landbank opportunity, or a future development play, this is a property that offers multiple angles to add value over time. Opportunities combining this level of income, flexibility, and upside are rarely available. Call us now to secure this opportunity for yourself.