Discover a rare opportunity in Algies Bay. This intelligently designed property presents a fantastic canvas to create a powerful dual-income investment or your own slice of coastal paradise, all in the coveted location of Algies Bay.
Soak in all-day sun and views across Kawau Bay to Great Barrier Island from the upper level. The heart of the home features an open-plan living space that flows seamlessly onto a wraparound deck, creating a stunning backdrop for entertaining. A practical ramp leads from this upper level down to the backyard. The upstairs kitchen has been reconfigured and updated, and even the lower level enjoys a pleasing glimpse of the sea.
With a solid foundation and plenty of scope to add your own mark, this property is a perfect opportunity to shape a future-proof asset and unlock its full potential. The true genius of this home lies in its incredible flexibility. It can effortlessly function as:
- A spacious single 4-bedroom, 2-bathroom family home with study, or
- Two self-contained units: a 2-bedroom residence upstairs with study and a fully independent 2-bedroom apartment downstairs, each with its own kitchen, bathroom, and living area.
This savvy setup is ideal for generating significant income, perfect for a home-and-income scenario, or for housing extended family. With separate power meters and two hot water cylinders, efficiency and practicality have been carefully considered.
Situated on a manageable 520m2; freehold section with off-street parking, this property is your gateway to the friendly Algies Bay community. Enjoy a great swimming beach, boat ramp, and scenic reserves, all just an hour from Auckland CBD.
Whether you're seeking a permanent home with financial benefits, a shrewd investment with strong rental returns (potential combined income approx. $1,000+ p/w), or a versatile holiday escape, this property delivers on every front. Enquire today for more information or to arrange a viewing.
Auction Onsite Saturday 11th October @ 2:30pm (Unless Sold Prior)