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Back 592 Mount Albert Rd
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592 Mount Albert Rd

Royal Oak Auckland

5
2
5
House
Currently for sale - view listing

Overview

Double Income Bonanza

Auction: 34 Shortland Street, City on Wednesday 27 May 2026 at 10:00AM (unless sold prior) An outstanding mixed-use opportunity offering both residential and commercial income streams in a high-profile location. Whether you’re an investor seeking strong cash flow or a buyer looking for future flexibility, this property delivers a rare combination of income, exposure, and long-term potential. - Dual income streams from residential and retail components on a single title - Combined return of approx. $88,400 p.a. - Commercial tenancy returning $31,200 + GST annually + $8,000 + GST OPEX contribution - Secure commercial lease in place on a 3-year term from May 2024, with further 2 + 2-year rights of renewal. - Residential tenancy returning approx. $57,200 p.a. on a periodic tenancy - Strong visibility and exposure on a busy main road - Five onsite car parks (3 car pads + double garage), adding convenience and strong tenant appeal. - Approx. 217m2 character villa featuring 5 bedrooms, 2 bathrooms, and a double garage - Approx. 59m2 retail shop with established street presence and a self-contained kitchen - Crosslease front site – 1/2 share of 829m2 (more or less) Opportunities like this are rarely available. Get in touch today for further information or to arrange a private viewing. Viewing by open home only. All conjunctional agents are welcome.

Features

5 bedrooms
2 bathrooms
5 carspaces
3 open car spaces
2 garage spaces
House

Happy sellers in Royal Oak

64%
64% of sellers in Royal Oak reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Royal Oak over the last 12 months.

Local market activity for 5 bedroom houses in Royal Oak

In the last 12 months, 4 five-bedroom houses similar to 592 Mount Albert Rd, have been sold.

This represents a 40% increase in five-bedroom houses sales when compared to the previous 12 months.

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