What a great investment this has been for the owners, who have held 4/2 Bailey Road for almost 30 years. This studio unit has provided a long-term rental return and now presents an opportunity for a new owner to renovate, personalise and add value. With two off-street carparks and a superb Mt Wellington location, there is plenty to like.

What it offers:

• Studio unit
• Two off-street carparks
• Almost 30 years of ownership
• Renovation potential
• Prime Mt Wellington location

The location is a standout, with Sylvia Park just minutes away providing shopping, dining, entertainment and everyday convenience. With easy access to motorways, public transport and local amenities, everything you need is close at hand. Whether you continue its rental history or take on a renovation project, this is an opportunity worth investigating.