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2/15 Lovell Court, Albany, North Shore City

Asking price $725,000 (plus GST if any)

2

1

156m²

Residential + Commercial = Rare Opportunity

Astute investors, this is your chance to secure a rare dual-income property in one of Albany's most sought-after locations.

A true portfolio gem, this versatile property delivers two distinct income streams with strong yield potential and excellent prospects for future capital growth. Or, take advantage of the ultimate "live and work" opportunity - reside upstairs and run your business downstairs.

Upstairs: A sunny one or two-bedroom residential unit - perfect for tenants who value both comfort and convenience.

Downstairs: A dedicated commercial office space - ideal for small businesses or professionals, with existing high-quality tenants eager to stay on.

All of this is positioned on a quiet Albany street, yet just minutes from Albany Mall, Park & Ride, top schools, motorway access, and key business hubs. This unbeatable location ensures ongoing demand from both residential and commercial tenants.

Low-maintenance by design, the property offers:

• A fully self-contained residential unit with private entrance

• Open-plan living and a north-facing balcony - always attractive to quality tenants

• Smart combined bathroom and laundry for efficient use of space

• Healthy Homes compliance for immediate rental security

• Allocated car park - a must-have for tenants and clients

• Secure commercial office tenancy providing consistent income

With Albany's strong growth, established commercial precinct, and thriving population base, this property offers a rare opportunity to diversify your portfolio while boosting rental yield.

Properties with genuine dual-income potential in this price bracket are seldom available. (Price is plus GST, if any.)

Act quickly - enquire today to secure this standout investment.

Additional details

Type

Unit

Property ID

MRG33134

Listed on

26/06/2025

Updated

6 days ago

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

OneRoof mentions

Listed for sale on OneRoof for 168 days (last updated on 26 June) and was last sold in 2019 for $650,000. Its latest rating valuation by North Shore City council is $780,000 as of 2024. This property has appeared in 2180 searches in the last 30 days. There are 38 2-bedroom properties for sale nearby. There are 177 properties for sale in Albany.

Property data

Broadband available

Floor area

156m²

Unitary Plan

Zone 17 Business - Light Industry Zone

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Unit Title

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Time (yrs)

5 yrs

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Albany, North Shore City

Albany is a suburb which lies within the Territorial Authority of Auckland, one of 269 residential suburbs which form the wider region. Albany is the 58th largest suburb of Auckland in terms of the total number of residential housing stock. Albany provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1890 - 1899. The majority of the residential housing stock in the locality was constructed between 1990 - 1999. Residential housing stock in Albany is made up of approximately 97% residential housing and 3% residential investment housing properties.

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