Aquarius Avenue, Glen Eden, Auckland

Auction: 34 Shortland Street, City on Thursday 4 July 2024 at 10:00AM  (unless sold prior)

Whether you wish to enjoy a lucrative investment pulling a double rental income, or a property where 2 families can live in unison, it is safe to say this property is as good as it gets and caters perfectly to both.

Occupying a near flat freehold site and sharing one title, a true home and income opportunity presents with absolute perfection in separation and appointed spaces. The original home is sited at the front and is known as 8 Aquarius Ave, which offers a classic and dependable 3-bedroom hardiplank bungalow. Presented well inside and out, the home has been refurbished throughout, it's light filled, comfortable, and a home which is easy to live in, with perfect living spaces which lead to a large covered entertaining area. Additionally, the home offers lawns, a free-standing single garage, plus an awesome basement which is ripe for further development providing the home with even more space.

To the rear 8a Aquarius awaits, only 5 years old, this stunning, purpose built 2 bedroom, 1 office home enjoys stunning wide views to the north and beyond. Inside it's beautifully finished, very well appointed and it's fully insulated, including the internal walls with double glazing throughout to seal the deal.

Both homes enjoy privacy from each other with well thought out separation and parking, and lovely leafy yet easy-care landscaping. 8 is currently vacant and 8a currently rented with a periodic tenancy bringing in $610/week. 8 was previously tenanted at $700/week, making the rental income generated circa $68,000pa for both homes. 

A full information pack including up to date rental appraisal is available for immediate disbursement on request. Secure a very smart investment here and tactically buy under the NEW BRIGHTLINE RULE OF 2 YEARS! (subject to the property being sold on auction day not prior).