At last, your chance to generate income in one of Auckland’s most desirable areas. Comprising four one-bedroom flats currently occupied by very happy tenants who would love to stay, make money immediately with this solid and sound investment.
On the market for the first time in 26 years, there are multiple options here. Take advantage of the current setup, landbank or continue to generate income while you work through the consent process to unleash the magic in this unique character villa.
A generously proportioned villa sitting on a large site with north facing rear garden framed by fruit trees, the potential here is enormous. Perhaps you will call the architect and convert this property into one large residence, creating the family home of your dreams, or renovate to keep some of the house as income generating while you occupy the rest. There are so many options, ensuring this property is ever so exciting.
Currently, two flats are located downstairs and two upstairs. A large central staircase and plenty of delightful villa characteristics promise a grand design if returned to its former glory. The generous rear garden is a gorgeous spot for a pool, and views from the upper level are just waiting to be maximised.
This is a safe, family friendly neighbourhood close to the waterfront and with easy motorway access, and Emmett Street itself is an easy walk to the popular Ponsonby and Jervois Road boutiques, restaurants and cafes and close to the tranquil local beaches that make Herne Bay so sought after. Highly regarded Ponsonby Primary is just a stroll across the road.
Astute buyers will know homes of this stature in this area with so much opportunity rarely become available. Take advantage of this exceptional situation.