24 The Esplanade
Eastern Beach, Manukau City
Eastern Beach, Manukau City
SOLD
10
4
4
Beach Front Investment
Located at the end of a quiet north facing peninsula and graced with an exclusive beach front position that affords breathtaking views across the Hauraki Gulf towards Waiheke, Motuihe, Mototapu and Rakino Islands, this solidly constructed sun-soaked property provides endless opportunities to the next privileged owners.
Currently configured in 4 units bringing in over $100,000 in holding income per year, the choice is yours to land bank, renovate, set up as a home and income or completely redevelop the property in the future.
This is the first time on the market in over 50 years. Don't miss this unique opportunity as our owner's instructions are clear "this property must be sold".
- 4 units | 3x 2 bedrooms | 1x 4 bedroom
- 913m2 of freehold land
- Total floor area 479m2
- CV $2,540,000
- Solid concrete block and cedar construction
- Holding income of $1970 per week
- Future Americas cup course positioned straight in front of the property
- Moments away from Half Moon Bay Marina and Ferry terminal
- Zoned for Bucklands Beach Primary/Intermediate, Macleans College and Sancra Maria College. and Sacred Heart College minutes away.
Currently configured in 4 units bringing in over $100,000 in holding income per year, the choice is yours to land bank, renovate, set up as a home and income or completely redevelop the property in the future.
This is the first time on the market in over 50 years. Don't miss this unique opportunity as our owner's instructions are clear "this property must be sold".
- 4 units | 3x 2 bedrooms | 1x 4 bedroom
- 913m2 of freehold land
- Total floor area 479m2
- CV $2,540,000
- Solid concrete block and cedar construction
- Holding income of $1970 per week
- Future Americas cup course positioned straight in front of the property
- Moments away from Half Moon Bay Marina and Ferry terminal
- Zoned for Bucklands Beach Primary/Intermediate, Macleans College and Sancra Maria College. and Sacred Heart College minutes away.