Ray White Karaka
Real Estate Agents
- Listing #:
- KKA31819
- Listed:
- 5 hours ago
Auction 11 December (unless sold prior)
Wed 11th Dec 4:00pm
High-Yield Investment near St Lukes Mall
1-4/21 Grove Road, Sandringham, Auckland CityResidential Unit
-
- 12 Bedrooms
-
- 8 Bathrooms
-
- 8 Toilets
-
- 3 Covered Car Parks
-
- 3 Offstreet Car Parks
-
- 779m2 Land Area
About this property
This expansive, two-level concrete block property offers four self-contained units, making it an outstanding opportunity for investors or extended families. Each unit includes:- 3 Bedrooms & 2 Bathrooms
- Newly renovated kitchens (in two units)
- Separate dining and open-plan living
- Separate laundry
- Indoor-outdoor flow to fully fenced courtyards
Property Highlights:
- Land Area: 779sqm of flat land with future development potential
- Zoning: Residential - Terrace Housing and Apartment Building Zone
- Annual Rental Appraisal: $171,600
Unit Details:
Unit One: 118 sqm floor area | CV: $1.14M
Unit Two: 121sqm floor area | CV: $1.04M
Unit Three: 118 sqm floor area | CV: $1.08M
Unit Four: 111 sqm floor area | CV: $1.08M
Prime Location:
- 5-Min Walk: St Lukes Shopping Mall (350m)
- 10-Min Walk: St Lukes Mega Centre
- 2-Min Drive/10-Min Walk: Sandringham Shops
- Easy Access: Schools, amenities, and motorways to CBD, Airport, and Manukau City
School Zones:
- Edendale School
- Balmoral School
- Kowhai Intermediate
- Mt Albert Grammar
This is a rare chance to secure a high-yield investment in a premium location with strong development potential. Don't miss out! The auction date is set for 11 December 2024(unless sold prior). Welcome to our Open Home or Contact Camilla and Cindy today to schedule a viewing.
AGENTS - CONJUNCTIONAL WELCOME FROM DAY ONE
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as RPNZ or Auckland Council (LIM) documents. They have not been measured by the Salesperson or City South Investments 2019 Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
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