Perfectly positioned in the heart of Albany, North Shore, 37/18 Oteha Valley Road Extension is part of the Lucas 18 development - an architecturally designed live/work project by Ziegler Property Limited, a trusted developer with over 15 years of experience in the Auckland market.
The property is built to a high standard and offers a versatile commercial space on the ground floor, complemented by a modern residential apartment above, making it ideal for both business use and investment opportunities. The latest CV is at $980,000.
The ground floor features a spacious commercial unit, perfect for running a business or leasing out for additional income. A large industrial workspace with an extra small storage area opens to a generous deck, providing flexibility for various commercial uses. This is purposefully kept vacant for an occupier to utilise. The dual-income potential is substantial, with rental opportunities available in both commercial and residential areas.
The upper level boasts two well-appointed bedrooms, a modern kitchen with high-quality appliances, a stylish bathroom, and an open-plan dining and living area, creating a welcoming home environment. This is now rented to lovely tenants at $590 per week, including water.
This exciting development enjoys a northerly aspect overlooking a council reserve and Lucas Creek, while still being close to key amenities such as Massey University, Westfield Albany, North Harbour Stadium, Albany Village, and Orchard Park. It’s also just 1.5km from the Northern Motorway, ensuring easy access to the rest of Auckland.
The property includes two allocated car parks plus shared visitor parking.
A unique opportunity for investors and business owners! Contact us today to arrange a viewing.
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