Back Property8 Louvain Avenue

Investor Alert - 4 Flats! - SOLD at auction

8 Louvain Avenue, Three Kings

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6445 

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Sold
 
 

This is hands down a tremendous opportunity to add a lucrative investment to your portfolio. Positioned on the city fringe in the ever-appreciating Three Kings suburb, and delivering a significant income stream, (currently yielding approximately $83,000 pa!) astute investors will be coming in hot and heavy to clap hands on this.
Comprising a total of 4 neat flats and set on a large 837m2 site underlining your investment; excellent schooling, immediate access to Dominion Road with its public transport links and direct connection to the central city's marketplace is sure to keep tenants grinning. The nearby crowd-pleasers include the Three Kings Plaza, library, Akarana Golf Club, and not far off is the eclectic Mt Eden village, St Lukes and Royal Oak Mall - a diverse urban lifestyle suited to multiple tenant types.
Each flat provides unique living arrangements and are home to a mix of couples and single residents - your rental returns begin immediately! The front dwelling includes 2 flats, a 2-bedroom and a 1.5-bedroom flat; the side dwelling is a 2-bedroom flat and there is a 1-bedroom cottage to the rear of the property. While they are well-turned-out and provide privacy and comfort, there is wiggle room for further enhancements to maximise your returns should you so wish. Profitable deceased estates don't hang around and this hot opportunity won't either, be quick to call us for the full picture.
Zoned Dominion Road School, Mt Roskill Intermediate & Grammar.

Open homes: Saturday & Sunday 1.00 - 1.30pm

For more information visit abbeyandrichard.co.nz

Agents bring your buyers - conjunctional's welcome!

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Main property features

64445 

 

Auction

Wednesday 12 Aug 2020 06:00pm

 
 

Features

  • Property Type:

    Block of units, Home & income

     
  • Property Features:

    Security system, Smoke alarms

     
  • Roof:

    Coloured steel and Iron

     
  • Tenure:

    Freehold

     
  • Approx year built:

    1920

     
  • House style:

    Bungalow, Other

     
  • Garaging / carparking:

    Open carport, Off street

     
  • Construction:

    Weatherboard

     
  • Joinery:

    Timber

     
  • Insulation:

    Floor, Ceiling

     
  • Flooring:

    Vinyl and Carpet

     
  • Window coverings:

    Drapes, Net curtains

     
  • Chattels remaining:

    Blinds, Light fittings, Smoke Detector, Curtains, 4 x stove, 4 x alarms, 2 x washing lines, 2 x rangehoods

     
  • Fencing:

    Fully fenced

     
  • Land contour:

    Flat to sloping

     
  • Grounds:

    Backyard access

     
  • Garden:

    Garden shed (Number of sheds: 1)

     
  • Water supply:

    Town supply

     
  • Sewerage:

    Mains

     
  • Locality:

    Close to transport, Close to shops, Close to schools

     
  • items excluded:

    All non-fixtures. All contents of the garden shed. All contents of the basement storage below 1/8 Louvain Ave.

     
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