City-Fringe Investment Returning $1,250 Per Week

Currently returning $58,268 per annum, offering a gross yield of approximately 4.7% based on the current RV, with the added benefit of a premium city-fringe location and long-term capital growth potential.

Huge opportunity! Are you seeking a live/work solution, a home with income, or a diversified investment in a proven city fringe location?

Positioned in sought-after Eden Terrace, this spacious four-bedroom townhouse offers an exceptional combination of location, flexibility, commercial and residential zoning, and proven rental performance with two off-street undercover parking spaces.

Spanning approximately 130sqm across three levels, the home features four generous bedrooms, two and a half bathrooms, internal-parking for up to two vehicles. The open-plan kitchen, dining and living area flows seamlessly to a large north-west facing deck, capturing afternoon sun and elevated views towards the Waitākere Ranges.

Currently tenanted and generating $1,250 per week, the property provides immediate income from settlement and strong appeal to professional sharers, families and city-fringe tenants alike.

Property highlights:

• Four bedrooms, 2.5 bathrooms

• Freehold Title

• Two off-street parks

• Sunny north-west facing deck with elevated outlook

• Commercial and residential zoning offering future flexibility and potential

• Strong rental demand area

• Lowest you'll ever find - Annual body corporate includes insurance costs: $2,523

• Minutes to Auckland CBD, Ponsonby, Mount Eden Train Station, K'Rd, overlooking Basque Park

• Easy access to motorways and public transport

Located in one of Auckland's most tightly held city-fringe suburbs, this is an outstanding opportunity for investors seeking strong cashflow, flexibility and a highly desirable rental location, or for owner-occupiers wanting space, convenience and long-term growth potential.

A Pre-Contract Disclosure Statement (PCDS) is available upon request.

Viewings available on request. Please contact Jo to make an appointment.