With an ongoing housing shortage across Auckland, investment properties are increasingly hard to find – especially close to the city, so this excellent opportunity in popular Mount Eden is already attracting excitement and interest.
It last sold 22 years ago, and the current owner has maintained the property impeccably – presenting it to the market in tip-top condition.
36 Bellevue Road in Mount Eden, Auckland comprises a three-bedroom home at the site’s front, with one two-bedroom unit and five one-bedroom units at its rear. The combined floor area is about 461sqm and the section is 1032sqm.
The family home is very comfortable with pleasant, neutral furnishings, a smart modern kitchen and two bathrooms on the main level, while downstairs is a huge rumpus space which would also be ideal for working from home and a tandem garage.
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Surrounding landscaping is well-established and easy-care, and there is another off-street parking space next to the main house.
The property of six rental units plus one family home was last sold 22 years ago, and the current owner has kept it in tip-top shape. Photo / Supplied
All six rental units are clean, bright and contemporary with small, private decks. The property is currently fully tenanted with pleasant, reliable renters, some of whom have lived there for many years.
The units each have one secure off-street carpark, four of which are covered, and the complex is well-built, using brick and tile for easy care, low maintenance.
Bellevue Road is a pleasant street with well-cared-for character properties and it’s perfectly positioned for easy access to public transport, including buses and trains while it’s a quick cycle or scooter ride to the city.
The local public swimming pool is just a few steps away and a morning hike up picturesque Mount Eden is ideal for daily exercise.
Eden Quarter offers a wide variety of shops and services, including a large Countdown supermarket, while nearby Mount Eden Village is more boutique, with its cafes, bars, restaurants, florists, cake shops, takeaways and the renowned Time Out Bookstore.
36 Bellevue Road has a combined floor area of about 461sqm on a 1032sqm section in Mount Eden. Photo / Supplied
Rick Thevenard, from Barfoot & Thompson, Ponsonby, who is marketing the property with colleague Kelly Zhang, says that an astute buyer will quickly see the huge potential in such a winning opportunity.
“It’s zoned Mixed Housing Urban so the possibilities around developing the generous 1032sqm site even further are very worthy of investigation,” Thevenard said.
“Initially, it could be a home-and-income arrangement while a new owner ponders their options, or you could rent the house as well as the units.”
Thevenard has extensive experience in marketing properties in this sought-after neighbourhood and says that this is an attractive listing. He’s looking forward to introducing potential purchasers to 36 Bellevue Road in private appointments, under current Covid-19 alert level three restrictions.
36 Bellevue Road in Mount Eden, Auckland will be sold at auction on November 24.
- Sponsored by Barfoot & Thompson
