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309 St Heliers Bay Road, St Heliers, Auckland City

Asking price $2,950,000

835m²

Home and Income on 835m2 of Prime Land!

Look what we found here! A two-income property in a prime St Heliers location with so many options. The choice is yours.

Option 1: Even though the property may be a bit tired, it is very livable as is and you could live in either the spacious 4-bedroom 3-bathroom main family home or the sun splashed 2 bedroom second dwelling and enjoy receiving a substantial weekly rental – handy to pay off your mortgage quicker!

Option 2: If you are keen to roll up your sleeves then with a few weeks’ hard work on the house and second dwelling, a few weekends in the garden and a few friends to help, you can create a home with an income that truly celebrates the classic Eastern Bays lifestyle in an enviable location.

Option 3: For those with a penchant for a profit, you can demolish and start with a blank canvass of 835m2 of mixed housing urban zoned land in a prime St Heliers location. Based on the planned 11-unit upmarket development on the adjoining site, as well as some of the already successfully completed new homes close by, we think this should be your next successful development project. Just look at what you are getting: a flat rectangular North facing site with on-site storm & wastewater manholes already installed in a prime location with a $1500 per week income during your planning and application period - Doesn’t really get any better!

Option 4: Purchase and add to your investment portfolio as an investment property with two incomes and an angle for future owners to develop. Apart from the good return, most investors would factor in the substantial capital gain properties of this caliber deliver.

Zone for Top Schools Selwyn College and St Thomas School.

Whether you choose to simply move in, renovate and create your dream home with additional income, explore development opportunities or are simply seeking a great investment opportunity, this property offers endless possibilities. Contact me today to know more and schedule a private viewing at your convenience. Good luck!

See this listing on Barfoot & Thompson

Additional details

Type

Home & Income

Property ID

900550

Listed on

17/10/2024

Updated

yesterday

Data

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OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Floor area

177m²

Land area

834m²

Unitary Plan

Zone 60 Residential - Mixed Housing Urban Zone

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5 yrs

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Saint Heliers, Auckland City

Saint Heliers is a suburb which lies within the Territorial Authority of Auckland, one of 269 residential suburbs which form the wider region. Saint Heliers is the 23rd largest suburb of Auckland in terms of the total number of residential housing stock. Saint Heliers provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1800 - 1809. The majority of the residential housing stock in the locality was constructed between 1960 - 1969. Residential housing stock in Saint Heliers is made up of approximately 97% residential housing and 3% residential investment housing properties.

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