High yield, low drama – 12 bedroom multi-income
Discover this standout dual-dwelling opportunity on a leafy Grey Lynn street, featuring two separate 6-bedroom houses (up and down) that deliver a massive 12 bedrooms total, 4 bathrooms, 2 full kitchens plus a versatile 3rd kitchenette – ideal for multi-gen families, flatmates, or high-yield rentals.
The floor area spans approximately 293sqm on a generous 655sqm freehold site (more or less), with weatherboard and block build from the 1970s era, off-street parking, and a private garden setting. The main home offers 6 bedrooms and a full kitchen in a family-friendly layout, while the lower house provides 6 beds, its own kitchen plus third kitchenette, a setup that offers so many options to for now and the future with separate power meters.
It’s only minutes to Grey Lynn Park, Ponsonby cafes, West Lynn shops and CBD motorway access, with walks to buses, elite schools and vibrant community vibes.
Instant returns, zero waiting. Utilise the current ready-made dual-income setup, or look into the high-yield potential through room-by-room rental income (you do the math, 12 rooms x at xyz per room = you own the bank), or a live-in arrangement where your tenants help pay the mortgage.
Whichever you choose, make sure you choose this property by registering your interest now. Contact Jock Kooger or Pawel Smuga to make this happen.
All offers to be presented. Set date sale closing 12pm 31st March 2026 (unless sold prior)
Features
12 bedrooms
4 bathrooms
crop_free655 m² lot size
cottageHouse
Property history for 8 Allen Road
2024
Sold
Undisclosed
05 Jun 2024 by Jake Zhou, of Ray White Orakei (Megan Jaffe Real Estate Ltd)
Happy sellers in Grey Lynn
73%
sentiment_satisfied
73% of sellers in Grey Lynn reported that their sale price either exceeded or met their price expectations.
Grey Lynn stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 65 reviews in Grey Lynn over the last 12 months.
Local market activity for 12 bedroom houses in Grey Lynn
Sold
For Sale
For Rent
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