Don't delay - view this property and secure it before it's gone!
Lovingly owned and cared for over the past 9 years, this beautifully renovated 1920s bungalow is now ready for its next chapter.
Whether you're after a warm and welcoming family home with room to grow, or a smart investment offering dual income and the potential to subdivide into two separate titles, this sunny, character-filled property truly ticks all the boxes.
Highlights:
There is potential for a future title split (subject to council approval and the agreement of the rear joint owner). This means there is potential for you to reward yourself by turning one home-and-income purchase into two separate freehold properties.
The proposed subdivision would create:
- Main house: approx. 368 square metre (mol) freehold site
- Self-contained studio: approx. 281square metre (mol) freehold site
Both homes are immaculately presented, with reliable long-term tenants in place. Immediate positive cash flow from day one makes this an attractive investment while you unlock the future upside. Opportunities like this don't come often - two titles are always better than one.
The Home:
This charming 1920s weatherboard bungalow has been thoughtfully modernized while keeping its character intact:
- 3 spacious bedrooms, including a super-sized master with direct deck access
- Bright and airy open-plan living/dining, drenched in all-day sun
- Modern, well-appointed kitchen - ideal for family dinners or entertaining
- Seamless flow to a sun-soaked deck and fully fenced backyard, perfect for kids and pets
- Separate laundry with generous storage plus a handy garden shed
Bonus Income Potential:
- Adding incredible value is a fully self-contained 1-bedroom studio cottage, ideal for:
- First-home buyers wanting rental income to help with the mortgage
- Savvy investors seeking two incomes from one property - currently $400/week from the cottage with combined potential of up to $1,100/week
- Extended family, guests, or even a home workspace/small business
Location is key for this property:
- Positioned in a quiet cul-de-sac bordering Titirangi Golf Club, New Lynn
- Excellent schools, including decile 8 Green Bay High School and Blockhouse Bay Intermediate
- Vibrant dining & entertainment hub
- Close to everything all you need - Lynn Mall, the train station, and local amenities just 5 minutes away
Investors, first-home buyers, extended families, or those looking to land bank with positive cash flow - Immediate positive cash flow makes this an attractive investment from day one contact Neel now to secure this property before it's gone.
Set Sale Date: 17th September, 4 PM (Unless Sold Prior)
Calling all agents: show this property to your buyers. Conjunctional arrangements are welcome.
