PONSONBY HOME & INCOME
10, Fitzroy Street, Ponsonby, Auckland City
- Proposed Usage
- Floor Area
- 143.00 m²
- Property ID
DEADLINE PRIVATE TREATY - CLOSING 2:00PM, WEDNESDAY 07 NOVEMBER 2018 - L3, 50 KITCHENER STREET, CBD (unless sold prior)
Located 260 metres from Ponsonby Road, this property offers purchasers tasteful and spacious residential accommodation with commercial investment on one freehold title.
The 123m² freehold site is zoned mixed use with development potential to 18 metres. The well presented three level structure was completed in the 1990's and is constructed primarily of concrete. The building is efficient and exceptionally well designed, with a total area over 250m² plus three car parks on the street level.
The separate apartment over the upper two levels has a internal courtyard and two sunny decks off large living areas, while the elevated outlook provides long ranging suburban views, great natural light and modern kitchen and bathroom facilities. The apartment is well appointed with modern kitchen and bathroom facilities, is occupied on standard residential tenancy, returning $31,200 p.a. The self contained ground floor space is leased for office use for $40,000 p.a. giving a total income of $71,200.
Astute buyers will appreciate the opportunity to purchase a hassle free investment and dwelling in this every popular location - call now for viewing times.