Cash Cow awaiting to be milked! Or Home and Income!
This classic transitional villa has been converted into 3 flats. It's conservatively returning $56,000 per annum with scope to increase and certainly to improve.
It's sitting on huge 875m2 of prime freehold land, making it ideal for future redevelopment.
It may be suitable for a new townhouse development? (subject to council consent).
Multiple options here. In a great location, so close to motorway links through the tunnel to the CBD or to the airport and there's regular bus service at the gate to go all directions.
It's in zone for the popular Mt Roskill Grammar. Best of all you will be spoiled for choice with the culinary delights like the Indian Cuisine on Sandringham Road or Chinese Noodles & Dumpling on Dominion Road.
After 15 years our owners (investors) are heading off to Europe and want to see a SOLD sticker on the signboard!
Contact Steven Glucina 021 888 455 or Dee McDade 021 448 832.
Email sglucina.ponsonby@ljh.co.nz for information pack
Call agent to arrange a private viewing.
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