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604/20 Park Avenue, Ellerslie, Auckland City

2 Bed Dual-Key Investment High Yield 6.5% +

dollar

$799,000

Apartment
Apartment
Bedroom
2
Bathroom
2
Floor area
75m2
Title type
Unit Title
New build
New build
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Property details

Listing # 1754906 | Listed on 8 August

A rare opportunity in the popular LQ Ellerslie – this dual-key apartment offers two self-contained units under one title: a one-bedroom apartment and a separate studio, complete with one secure car park.

Live in one and rent the other, rent both long-term, or explore short-stay/Airbnb potential – the flexibility here is unmatched. Positioned on Level 6, both apartments enjoy modern finishes, tiled bathrooms, and great natural light. A true set-and-forget investment or smart home base with income.

  • Dual-key setup: 1-bedroom + studio apartment
  • 1 secure car park included
  • Separate entrances, bathrooms, and kitchenettes
  • On-site gym and rooftop terrace
  • 4 Min walk to train, shops, and Ellerslie village

Outgoings (approx.):

  • Body Corporate: $4,029 p.a.
  • Council Rates: $3543 p.a.
  • Rental Appraisal: $1000 - $1085 pw - made up of $570–$605 (1-bed) + $430–$480 (studio) per week
  • CV 2024 $890,000

Split-income properties like this are extremely popular with investors for their dual-stream cash flow and long-term versatility.

Vacant and available for immediate inspection.
Schedule a viewing by copy and pasting this link into your browser link https://calendly.com/natasha-robinson-bayleys

Images are of actual apartment and have been virtually staged.

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Additional features

Other park
1 other park
Style: Architect designed

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