A bygone look at a Ponsonby villa with two genuine value add options. It is all about timing in real estate and now in arguably the coolest inner city suburb in Auckland, this is the optimal property for a conversion, yet simultaneously, producing 3 rental income streams for the savvy investor.



The corner position maximising space, allows for a motivated buyer, to take advantage of a do-up opportunity and be within walking distance to the Ponsonby strip, while receiving income.



Equally this muti purpose property can be an ongoing source of cash flow, for a passive investor looking for a yield play.



As a whole, the property offers 4-bedrooms, 3-bathrooms and 3-living rooms with dining areas. The overall floor footprint is just shy of 200 sqm and a half share of the freehold land containing 627 sqm described on a cross-lease title.



Income streams and tenancy details can be provided after a viewing.



The vendor is definitely listening to market feedback, in terms of both rental yields and a repurposed conversion .



We advise a drive by first and call to make an appointment please, as we have to respect the tenants privacy.