Back To The Future

In the world's most liveable cities, the place to live and to play is most often in the older established inner city suburbs. Welcome to Rose Rd in gentrified Grey Lynn. It is very close to world famous Ponsonby Rd, with its mix of eclectic and designer boutiques, restaurants and cafes. It is not much further to downtown Auckland, its laneways and rapidly developing waterfront social scene.

No. 22 is a classic square front villa, with character features that tell the story of its early Auckland past. Currently returning $1035 pw, it makes an ideal investment where you can profit now from the cash flow and reap the rewards later of long term capital growth, which history suggests will be inevitable in this coveted spot. Alternatively take these good bones, add more 21st century mod cons and create a 4 bedroom home with an impressive living space, heated by both a heat pump and a wood fire. Altogether winter should be cosy with insulation top and bottom, a second heat pump and a second wood fire, as well as 4 wall heaters that warm the bedrooms. The dining area flows to a wrap-around rear deck, an ideal spot for barbecues and a place from which to adjudicate backyard cricket on the flat lawn.

Off-street parking is a bonus in an area that was once served by horse and cart. Public transport will have you quickly into the city and to the areas's other entertainment mecca on K Road. Why bother with the bus though- you might as well walk.

The city fringe is the place to be and this is your gateway.