65 Hamlin Road
Mount Wellington, Auckland City
SOLD
9
3

Multi Income - 1275m2 THAB

The ultimate investment vehicle! Recently renovated with new kitchens, bathrooms, paint, flooring, plumbing, upgraded electric's and new concrete parking spaces: this multi-income investment screams long term easy care.

Three 3 bedroom units with 2+ car parks each and super spacious gardens and storage. Two of the units have already been tenanted for your convenience: could it be made much easier for you?!

Unit 1 is the largest of the three with the current tenant paying $650 per week. The remaining units are identical with unit 3 rented out for $610 per week. (Unit 2 remains vacant so we can show clients through the property).

Offering a combined rental appraisal of $1850 to $2000 per week: the math's will put a smile on your face!

Situated in a super convenient location and walking distance to all the eateries, entertainment and shopping at Sylvia Park along with the train station. There is good access to the main arterial roads, SH1 and public transport. Ellerslie village, Lunn Ave shops and leisurely walks around Panmure's idyllic basin are all just 10 mins up the road!

This property is drenched in future capital gain zoned Terrace Housing and Apartment Buildings (THAB). Explore the option to add dwellings to the site or simply enjoy the capital growth of the land value in conjunction with the weekly yield.

For auction sales results from Ray White Ellerslie, other sales stats for Mt Wellington and local suburbs, new listings and market news check out www.facebook.com/MtWellingtonRealEstate.

Open Homes

Property Features

Property ID: ELL30210
Bedrooms: 9
Bathrooms: 3
Building: 279m2
Land: 1275m2
Listed By:Now Realty Limited Licensed (REAA 2008)
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Benjamin Neal, Licensee Salesperson at Ray White Ellerslie