Property listing ID: 4072323
Seriously for sale. Modern, functional, live-and-work property - selling now well below QV and market value. An excellent opportunity for investors or owner-occupiers. This is an incredible opportunity to purchase a fabulous two-bedroom studio warehouse at the very popular Lucas 18 development, conveniently located near North Harbour Stadium, Westfield Mall, Massey University, and the motorway, in the heart of it all on Auckland’s North Shore. The vendor says, “Let’s get this property sold!” so they have priced it accordingly. Lucas 18 is not your standard live-and-work development. Constructed to a very high standard with quality appliances and a modern kitchen, the apartment offers truly comfortable living with options for outdoor living. Ideally situated as an east-facing corner unit, it provides easy access to a clean and tidy separate warehousing space via a roller door and benefits from excellent additional natural light from the north. The property is very well-designed, with separate entrances and amenities on both levels. This setup offers the opportunity to live upstairs and lease down, use the commercial premises for your business, and collect an income from upstairs. The rental appraisal for the unit leased as one is $45,000 per annum plus GST and outgoings. This return can be improved by renting the two levels separately. With falling interest rates, this investment makes perfect sense. Enjoy capital gain and an excellent return, or combine your live-and-work needs. This property is seriously for sale. The vendor’s circumstances have changed; they are motivated to sell and will meet the market. Offers are invited. KEY FEATURES: • An opportunity to buy well! • Modern two-bedroom apartment • Functional, separate warehouse • End unit in the development • Well-priced for a quick sale • Vacant possession • Rental appraisal $45,000 per annum plus GST and outgoings
Listed by Barfoot & Thompson , Elaine Tutty (North Shore Commercial) , David Cannon (North Shore Commercial)