Offering exceptional value with a weekly rental income of $850 (previous tenancy) and an asking price under $1m, this property delivers a net return of over 4.5%-significantly above average rent-to-price ratio. Through officially a two-bedroom home, the ground floor multi-use room with its own bathroom and own laundry can function as an additional bedroom or a street-front commercial space (Terms and Conditions Apply), providing unmatched flexibility for living or investment. The downstairs suite offers a separate entrance, providing potential for renting to a flatmate. Based on comparable local rentals, the estimated weekly rent could be up to approximately $450 per week, subject to individual circumstances and compliance with relevant regulations.
The middle level features the living room, kitchen, dining area, and a guest toilet, while the top floor includes two master suites, one of which offers stunning city views. The inclusion of a single garage and heaps of off-road parking ensures your vehicle is conveniently accommodation. The large balcony is perfect for soaking up the sun, entertaining guests, or simply relishing the stunning views.
This exceptional Freehold Title, located in the highly sought-after Belmont Town Centre. Situated in a premium location, it offers a plethora of conveniences right at your doorstep. With its proximity to the beach and ferry, you'll enjoy the freedom of cycling to stunning coastal destinations or commuting to the city effortlessly.
The excellent school zone, including Belmont Primary, Belmont Intermediate, and Takapuna Grammar Schools, guarantees a top-tier education for your children.
Don't miss this incredible opportunity to secure a property that embodies sophistication, convenience, and comfort. Act swiftly and make this dream residence in Belmont your very own. Contact us today to schedule a viewing and experience the epitome of modern living.