14 Shirley Road, Grey Lynn

Auckland, New Zealand

Single Family

60 beds 22 baths

  • Property Details

    Reliable net return of circa $600,000 (EBITDA) with good growth prospects• 60 bedrooms• 22 bathrooms• 2 brand new kitchens• 14 on site carparks• Bright and sunny communal living areas, garden, courtyard and deck, PLUS• 2 bedroom self -contained roomy managers flat• Stable tenants on standard boarding house tenanciesThis exceptionally unique, recently constructed and upgraded property is fully consented and compliant, with excellent security and safety systems and is set on 1764m2 freehold land in one of Auckland's most sought after inner city suburbs with excellent amenities nearby. Quiet, no exit street with easy access to the motorway, Western Springs park and walking distance to Ponsonby and Grey Lynn.An opportunity like this is rare and the residence is popular with young professionals providing the owner with a reliable, hassle free income, low vacancy rates and easy management.Auckland's rapid population growth has greatly increased the need for a higher density of good quality residential accommodation in and around the central city so if you are after a high yielding investment with rock solid income and low inputs, this is the one for you!Call now for your information pack and viewing times. Tender: Closes on Wednesday 2 November 2016 at 2:00PM (unless sold prior)
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  • Additional Property Information

    This single family listing located at 14 Shirley Road, Grey Lynn, Auckland boasts sixty bedrooms and twenty-two bathrooms. The property is currently offered at Price Upon Request.

    This property is listed by Liz Derbyshire of Barfoot & Thompson headquartered in New Zealand.