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4B/18 Oteha Valley Road Ext

Albany Auckland

2
2
2
132 m²
Unit
Currently for sale - view listing

Overview

Two Incomes, One Smart Investment

To download documents relating to this property please visit: www.harcourtsfiles.co.nz/listings/IAEF Welcome to Lucas 18, where architectural design meets investment flexibility. This full tilt slab construction property delivers two completely self-contained spaces under one title: a ground floor commercial unit and a stylish two-bedroom apartment above. Split-risk dual tenancies give you genuine control over your investment strategy. * Ground Floor Commercial Space * The ground floor is spacious with an open-plan layout, featuring a kitchenette or break room area, office or retail space, additional storage, and contemporary bathroom with walk-in shower. This versatile space adapts seamlessly whether you operate your own business or secure commercial rental income. * Upper Level Apartment * The modern apartment features an open-plan kitchen, dining and living area with a sleek kitchen showcasing quality appliances and stylish bathroom. Two generous bedrooms open to a private balcony, while a west-facing balcony at the front captures glorious afternoon sun right through to sunset. A heat pump ensures year-round comfort. * Turnkey Opportunity * All furniture is negotiable and could be included in the sale, meaning you can move straight in or hand keys to tenants immediately without delay. * Location and Lifestyle * Positioned moments from Massey University, Westfield Albany, North Harbour Stadium, and Albany Village. The Northern Motorway is just 1.5km away, while council reserve, Lucas Creek, and beautiful bush walks sit right on your doorstep. Two allocated car parks plus shared visitor parking complete the practical package. * Investment Flexibility * Capture dual rental returns from both tenancies, live upstairs while running your business downstairs, rent both for maximum passive income, or owner-occupy either space. IGNORE THE CV - all offers will be considered. The vendor's circumstances have changed and they will meet the market. Viewing times are restricted and we encourage your earliest inspection.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
132 m² floor area
Unit

Happy sellers in Albany

78%
78% of sellers in Albany reported that their sale price either exceeded or met their price expectations.

Albany stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 95 reviews in Albany over the last 12 months.

Local market activity for 2 bedroom units in Albany

In the last 12 months, 2 two-bedroom units similar to 4B/18 Oteha Valley Road Ext, have been sold.

This represents a 60% increase in two-bedroom units sales when compared to the previous 12 months.

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