1,2,3&4/1 Hazel Avenue, Sandringham

Sold April 2021 for $3,875,000

8 Bed
4 Bath
4 Garage

Cash Cow With Development Potential


Block of four delightful single level 2-bedroom character units, each on its own separate title on a corner site, in a top development location presents an exciting opportunity for developers or astute investors. Currently returning $100,000+ pa annualised and with Business Mixed Use zoning, there are so many options to consider here: hold as an excellent investment while you plan your development, landbank for the future or just keep as an excellent long term income stream. Each of these popular units has polished timber floors, a private courtyard and single garage. Fully tenanted with some long term tenants these have traditionally been very easy to rent. This outstanding central location is so convenient on main arterial bus routes, close to cafes, eateries, shops and local amenities. Apartment development potential report available.

Top location, top opportunity - come and check out your options!

INFORMATION PACK: available online at www.propertyfiles.co.nz/809860

Property details

Location:
1,2,3&4/1 Hazel Avenue, Sandringham
Property type:
Investment flats
Land area:
809m²
Bedrooms:
8
Bathrooms:
4
Garaging:
4
Property ID:
809860

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

  • Good Shepherd School (Balmoral) 0.6 km
  • Balmoral S D A School 1.0 km
  • Maungawhau School 1.1 km
  • Central Auckland Specialist School 1.2 km
  • Edendale School (Auckland) 1.2 km
  • St Therese School (Three Kings)1.4 km
  • Balmoral School (Auckland) Zone B (yrs 7-8)1.4 km
  • Balmoral School (Auckland) Zone A (yrs 1-6)1.4 km
  • Wesley Intermediate1.4 km
  • Wesley Primary School1.5 km
  • Mt Roskill Primary School1.7 km
  • Three Kings School1.8 km
  • TKKM o Nga Maungarongo1.8 km
  • Mt Albert Grammar School2.1 km
  • Eden Campus2.2 km
10 more schools

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