Held within the family for 32 years, this unique standalone property comprises three separate residential tenancies plus medical room in sought after Remuera. The property would ideally suit an astute investor or owner occupier who may wish to use the medical room which was previously owner occupied as an acupuncture clinic until August 2019.
The property currently has a total gross annual income from residential tenancy of $76,960. This does not include the medical room which was owner occupied.
The area is zoned Terrace Housing and Apartment Buildings, lending itself to multiple development potential.
Viewing by appointment.
KEY FEATURES: • 721m² prime freehold land • Terrace Housing & Apartment zone • 307m² floor area (approximate) • Four separate tenancies • Three self-contained residential units • One 4 bedroom, one 2 bedroom and one 1 bedroom • Current residential rental income of $76,960 per annum • Additional income for vacant medical room • Eight on-site car parks • CV $2,475,000