To say that an opportunity like this is rare, is an understatement. Why? Because land of this size, within eyesight of Westfi eld Newmarket, producing over $200,000 in rental returns from day one, is practically non-existent.
Let me place this in context for you… It will likely take longer to drive to Westfi eld mall, fi nd a space then park up, in comparison to just walking there. Ironically, being located practically opposite the Ferrari Garage, it would make more sense to just walk into the city, but it's always good to have options, right?
On that note: There's more than just 1 option available to you, with 2 buildings, on 2 separate titles, collectively consisting of;
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2x Multi-Unit Sites
14 bedrooms
8 bathrooms
1,617m2 freehold land (zoned Terrace Housing and Apartment Buildings)
464m2 Floor Area
Currently rented at a total income of $204,360 per annum
Both in Double Grammar Zones (Epsom Girls Grammar and Auckland Gramar)
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No matter whether you're looking to buy, hold, gain an ongoing and diversifi ed stream of income whilst land-banking, whether you're interested in the prospect of developing sooner rather than later (subject to council consent) or, whether you're just looking for one of the two properties as a project of passion, delivering some TLC and having an outstanding example of a classic kiwi home, in an equally outstanding location, well…
I feel, that the question is not if it will work for you, but more specifi cally: How can it work for you, as, there's a multitude of options available here, with an almost endless volume of ways that you can make this work (and work well) for you, your preferences, and your individual requirements, and, needless to say, we would truly love to be able to sit down with you, and overview how we can help you, to make this work.
To gain a comprehensive understanding of what is on offer, we welcome you to call Dorian Smith on 0272345930
