77 Lincoln St

Ponsonby Auckland

329 m²

House

Currently for sale - view listing

Overview

Future-proofed Ponsonby investment

Land... Position.... Opportunity A rare opportunity to secure a prime north-facing Ponsonby site with immediate income, direct reserve access, and multiple pathways to add value. Currently configured as four self-contained flats returning up to $2,240 per week, this 329sqm site (Limited as to Parcels) offers strong holding income today while providing flexibility for the future. Continue as an investment, renovate and improve returns, develop the consented apartment scheme, or create a substantial family home in one of Ponsonby's most sought-after locations. - North-facing backyard - Private gate into Vermont Reserve - Holding income while planning your next move - Resource consent already granted for re-development - Ponsonby land value (asking price well under CV) - Multiple opportunities to add value Properties that offer income, flexibility, location and future upside are difficult to find in Ponsonby. Whether your objective is yield, development, land banking or creating a landmark residence, 77 Lincoln Street provides options that few properties can match.