Positioned on a high-profile city-fringe arterial, this high-yield multi-income asset delivers the ultimate blend of scale, diversification and future upside.
Comprising 11 residential units + ground floor retail and returning $378,000 gross p.a, this character holding produces strong income today with clear scope to unlock further value through asset repositioning.
With ~1,208sqm GFA on 668sqm freehold land, this is a rare chance to secure a passive investment in tightly held Mt Eden/Kingsland fringe.
A true set-and-hold opportunity with scale — offering almost passive income today with active upside tomorrow.
Enquire now – tightly held assets of this calibre rarely come to market.
Features:
* Multi-income stream – 11 flats + retail diversification
* High yield potential – proven rental demand across unit mix
* Value-add opportunity – rental uplift
* Prime city-fringe location – walk to Kingsland, transport & amenities
* Local Centre zoning – mixed-use flexibility & long-term intensification potential
