RENT OR RECONVERT!

Sitting proudly at the head of the street, 7 Laurie Avenue commands views across the Remuera ridge and over Hobson Bay to the Hauraki Gulf. Not bad for a three-flat, approximately 300sqm bungalow conversion on 505sqm in the heart of Auckland.

The question is - rent it or reconvert it?

Retaining its character features, this building has aged gracefully; it has been carefully and professionally maintained and has a track record of attracting top quality tenants and impressive rental rates. Fully tenanted and returning a substantial gross rental, this property has the potential to continue to earn a positive return on investment.

For the more adventurous, this property could be a substantial, multi-million dollar family home with basement parking, in a quiet, no-exit street. Situated in prime Grammar zone with proximity to Newmarket, Parnell and Remuera shopping, galleries, cafes, restaurants and markets with the Auckland Domain over the road and public transport and motorways on your doorstep. In fact, it's just perfect for established professionals working in the CBD or Auckland Hospital and even better for those with young families (it's close to all the good schools). Properties of this size, with this much potential, don't come up all that often in the heart of Auckland.





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