Property listing ID: 935230
An incredible entry point for first-home buyers and a standout proposition for savvy investors — at $730,000, M2 delivers location, lifestyle and seriously attractive income potential, and it is available fully furnished. For first-home buyers, this is an opportunity to secure your own slice of Grey Lynn, just minutes from Ponsonby Road, with two secure car parks, storage and flexible living — all at a price point that’s increasingly hard to find in this part of Auckland. For investors, the numbers deserve attention. With a current rental appraisal of $800–$850 per week, the asking price equates to an approximate gross rental yield of 5.7%–6.1%. The property also has a proven history as short-term accommodation, generating Airbnb earnings of $48,880 after taxes in 2024 and $43,860 after taxes in 2025.* Stylish, serene and completely dialled-in, this immaculate two-level home offers excellent flexibility. The second bedroom readily functions as a study/work-from-home space or generous additional living room — ideal for the way we live today. It’s clever, bright and flooded with natural light thanks to high ceilings, skylights and generous sliding doors. The well-appointed kitchen features a gas hob and everything you need for easy everyday living or entertaining. And then there’s the real WOW — the elevated west-facing balcony. Sheltered, private and drenched in afternoon sun, it’s the perfect spot for an end-of-day drink and those beautiful western sunsets. Positioned within a boutique complex and sharing its entrance with only one other residence, you get all the convenience of inner-city living without the maintenance. Two secure car parks and a proper storage locker add another layer of practicality and value. Woolworths is just around the corner, Ponsonby Road is an easy stroll away, and K’ Road’s restaurants, bars and entertainment are moments from home. The new Grey Lynn Firehouse is also set to become a neighbourhood favourite. First home, city base or investment — at $730,000, the numbers and the lifestyle make M2 well worth a closer look. At $730,000, the opportunity is clear - come and see why M2 stacks up. *Historical Airbnb earnings are provided for information only and are not a guarantee of future income or returns.
Listed by Barfoot & Thompson , Jacqui Vaughan-Kells (Grey Lynn) , Kath Barnes (Grey Lynn)