Tender: Closes on Wednesday 16 April 2025 at 4:00PM (unless sold prior)
This unique captivating property, on one title, offers an exceptional opportunity to secure four income-generating flats in a tightly held, character precinct. Set on a sunny, north-facing 642m2 freehold site with dual street access, this 2-bedroom x 4 flat configuration is currently returning $141,440 per annum ? making it an attractive investment or live-in-and-earn option.
The front transitional villa (49 Burnley) has been configured into two generous 2-bedroom flats, each with its own period features, while two adjoining cottages sit quietly at the rear with additional access off Taupata St. All four are in excellent condition, fully self-contained and tenanted, providing immediate cash flow.
Options aplenty:
-Hold as a solid long-term investment with regular income stream
-Live in one and let the other three pay down your mortgage
-Consider co-ownership ? ideal for extended family or joint investment
-Perhaps renovate, reconfigure or restore the main villa to a single residence
The central Mt Eden location speaks for itself ? You?re surrounded by heritage and tradition, an easy walk to Dominion rd eateries, shops and amenities, close to Kingsland and Morningside caf?s & restaurants, Eden Park, St Lukes, trains, and major transport routes. Zoned for leading schools including Mt Albert Grammar, Auckland Girls? Grammar, Mt Eden Normal, Balmoral, and Kowhai Intermediate.
With Single House zoning, they?re not making any more like this. Whether investing, after steady rental income, co-buying, or planning for the future, this is a rare find in one of Auckland?s most desirable city-fringe suburbs.
4 Addresses:
49 A & B Burnley Tce, 26 & 28 Taupata St
**Please contact the listing agents directly for an information pack.
