21 Alcock Street, Mt Wellington

Sold September 2020 for $2,008,000

8 Bed
4 Bath
4 Lounge
3 Other

Land banking & Huge Rental Return


4 Units one title on 1,153m² Flat Land - All Just Huge!

With huge land size of 1,153m² and a current rental return of $1,790 (current rental range is between $1900-$1950 per week) in Mixed Housing Suburban zone in central Mt Wellington area, this solid brick construction 4 investment units of 8 double bedrooms 4 bathrooms comes on the market for the next lucky investor or developer keen to keep this income machine running.

Located in a Cul De Sac with easy access to the Motorway, a short drive to Auckland city centre, a stones throw away from Sylvia Park Shopping Centre and lots of public facilities ? this property has too much to offer!

Look at the following figures and facts that may help you to make your right decision:

1. 4 units under one title, each with 2 double bedrooms 1 bathroom making a total of 8 bedrooms 4 bathrooms.
2. Good condition and maintenance.
3. Happy tenants are keen to stay.
4. Unitary Plan zoning: Mixed Housing Suburban.
5. Title: Freehold.
6. Land: 1,153m².
7. Total floor area: 232m².
8. CV: $1,880,000(2017).
9. Council rate (2020/2021): $6,474.
10. Current rent: $1,790/week=$93,080/p.a.

If the above sounds like what you're looking for, act today! Our vendors' instructions are crystal clear - sell!
Call us for a private viewing or pop into one of our open homes, it's as simple as that.

Property details

Location:
21 Alcock Street, Mt Wellington
Property type:
House
Land area:
1153m²
Bedrooms:
8
Bathrooms:
4
Family room:
4
Off street parking:
3
Property ID:
796053

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Other nearby schools

  • Panmure District School 0.8 km
  • Sylvia Park School 1.3 km
  • Stonefields School 1.7 km
  • Michael Park School 1.8 km
  • Auckland Montessori College 1.9 km
  • Atea College1.9 km
  • St Patrick's School (Panmure)2.1 km
  • Ellerslie School2.5 km
  • Panmure Bridge School2.7 km
  • St Mary's School (Ellerslie)2.8 km
  • Riverina School2.9 km
  • Ruapotaka School2.9 km
  • Tamaki School2.9 km
  • Oranga School3.0 km
  • Sommerville School3.1 km
10 more schools

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