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39 Oriana Avenue, Lynfield, Auckland City

Tender, 10 Oct 2024 14:00

968m²

Cash Flow Plus Upside!

Tender: Closes on Thursday 10 October 2024 at 2:00PM (unless sold prior)

Four units on offer that the overseas vendor wants sold! This block has serious potential!

Come check this out….. Two, two-bedroom units and two, one-bedroom units. All the units are sunny, private and were renting for $1600 pw or $83,200 pa with plenty of opportunity to improve the income. Unit two (2 bedroom) is now vacant and had been redecorated. Each unit is on its own crosslease title.

All units are single level and face north with their own private sunny garden and courtyard which open from the dining/lounge/kitchen. Each unit has one bathroom and one-off street carpark with three of the units having a carport. The tenants love it here and most are long term tenants and want to stay.

Check out the options yourself. Keep as is, improve the units to maximise the rental returns or move in yourself and enjoy the income, a great way to own property while reducing your mortgage payments. You could also further develop the 968m² land zoned THAB.

At the top of the road is Woolworths, eateries, cafes and restaurants and a short drive to Maungakiekie Golf Club and South Western Motorway access.

An excellent block in this up-and-coming location. Call now!

Open Home Times

Saturday 21 and Sunday 22 September 12.15 - 12.45pm

See this listing on Barfoot & Thompson

Additional details

Type

Unit

Property ID

898006

Listed on

13/09/2024

Updated

yesterday

Open Homes2

Sat, 21 Sep

12:15PM - 12:45PM

Sun, 22 Sep

12:15PM - 12:45PM

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Lynfield, Auckland City

Lynfield is a suburb which lies within the Territorial Authority of Auckland, one of 269 residential suburbs which form the wider region. Lynfield is the 120th largest suburb of Auckland in terms of the total number of residential housing stock. Lynfield provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1920 - 1929. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Lynfield is made up of approximately 97% residential housing and 3% residential investment housing properties.

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