Here's the one you have been looking for.... a flat section of 774m2 on Terrace Housing and Apartment Building zone. This solid 1920 bungalow home has 3 legal flats for a great return on your investment in this sought after Onehunga suburb! Consisting is a tidy 2 bedroom flat and 2x well planned recently refurbished bedsits. There are good long term tenants in place, ensuring a hassle free investment. Explore the development potential this terraced house & apartment zoned property offers or just sit back, landbank and watch your investment grow with a healthy yield. Location is the key here as this property is within walking distance to Onehunga's amenities including restaurants, cafes, shops, parks, and groceries. Handy to arterial transport routes - motorway access both north & south as well as to trains, buses and Auckland Airport. This is a rare find and a great property to develop now or hold for the future! Call us now for more information.