Home and Income

1, 2, and 3 / 14 Rydal Drive Mount Wellington, Auckland 0000

Sold on 30 May 2017
  • 5 Beds
  • 3 Baths
  • 6 Cars

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Home and Income in Mount Wellington

Three Incomes on 850m² - $1,399,000

  • 5 Beds
  • 3 Baths
  • 6 Cars

Good investment opportunities are hard to find in Central Auckland, and Home and Income properties are very rare in our area, but to find three incomes on a full freehold site is truly unique.

Whether you are looking for a high yielding freehold investment or a great piece of land with development potential and a substantial holding income, this one is sure to impress. Sitting proudly elevated on a fantastic site this residential investment block is as solid as they come, and comprises 2 one bedroom units on the lower level, and a large three bedroom on the upper level. Currently fully tenanted and providing a great rental income this is good to go as is, but still provides plenty of potential for further improvements and an increased rental return. The large 850m2 site is zoned mixed housing providing a fantastic platform for future development, and offers astute purchasers options galore.

Outstanding location, with Sylvia Park just up the road along with motorway access north and south, and only minutes from the bustling Ellerslie Village.

Price to Sell at $1,399,000 - Be Quick!!!

Property ID:



Carports plus further off street parking