327 Mount Albert Road

Mount Roskill Auckland

875 m²

House

Currently for sale - view listing

Overview

875m² MHU Site Currently Returning $62,400 p.a

Positioned on a substantial 875m² (more or less) level freehold site, this exceptional property is located in one of Auckland’s fastest-growing and most sought-after central suburbs, offering an outstanding combination of strong holding income and future development potential. Zoned Residential – Mixed Housing Urban (MHU), the property presents significant subdivision and intensification opportunities (subject to council approval), making it an attractive proposition for investors, developers, and land bankers alike. Currently configured as three flats plus garage under a legal Home & Income setup, the property generates a proven annual rental income currently returning $62,400 per annum, providing immediate cash flow while future plans are explored. Location Highlights: Situated in the heart of Mt Roskill, this property enjoys exceptional convenience and connectivity: • Walking distance to local shops, cafés, supermarkets, and everyday amenities • Easy access to public transport options for convenient commuting • Excellent motorway connections to Auckland CBD, Airport, and surrounding suburbs • Zoned for the popular Mt Roskill Grammar School • Enjoy the vibrant Wesley Market, held every Tuesday and Friday just moments away, offering fresh produce, food stalls, and a wide variety of goods Property Features: • 875m² (more or less) level freehold site • Residential – Mixed Housing Urban (MHU) zoning • Excellent subdivision and development potential (subject to council approval) • Legal Home & Income configuration comprising 3 flats plus garage • Rental income exceeding $62,400 per annum • Strong holding income while planning future development • Located in a high-growth and high-demand central Auckland location The vendor is highly motivated, and this property is seriously for sale. Opportunities that combine substantial landholding, proven income, prime location, and future development upside are becoming increasingly rare in Auckland. Secure this outstanding investment and development opportunity today.