The mortgagee's instructions are clear: SELL!
Set on an 809m2 freehold site, the main dwelling comprises four bedrooms, two bathrooms, two living areas, a dining room, and double garaging, spread across approximately 209m2. The (not-so-minor) secondary dwelling offers two bedrooms, one bathroom, a separate toilet, a living area, and single garaging, all within approximately 86m2.
This Home & Income property presents a compelling opportunity to secure a sizeable asset in an established West Auckland location.
Conveniently positioned close to the Royal Heights shops and just minutes from Westgate Shopping Centre, the property is also near a range of primary and secondary schools. Public transport and motorway access are both easily accessible.
If you are comfortable with the risk-and-reward equation that comes with a mortgagee sale, you will recognise this as a relatively rare opportunity.
With strong underlying fundamentals and a healthy yield spread across two separate rental streams, this is an opportunity investors and value-focused buyers should consider seriously.
Attend one of the advertised open homes or contact me for the information pack. Be prepared to bid on auction day, as the property will be sold at auction. Unfortunately, pre-auction offers cannot be accepted.
