Today's challenging property market requires some creative brainstorming around opportunities. Out-of-the-box thinking with regards ownership is sometimes required. Here's a scenario to wrap your head around if you[re looking for your first home or the chance to get an investment foothold in one of Auckland's most popular suburbs. This lively north-facing Grey Lynn home has personality and potential - whichever way you look at it. Sunny decks on three sides, a knock-it-out-of-the-park kitchen (seriously, it's the business), a bathroom that's stepped out of a flash hotel, a bright interior, carport, privacy and leafiness that defies suburbia. Yes, that old chestnut 'leasehold'comes into the equation - however, it's clear cut (unlike some other Auckland offerings) and there's tangible and genuine upside for a forward-thinking new owner who can see a way to put 'freehold' back into the mix. The option to change the title structure is there.
We'll talk that through with you when you delve further into this property. You may find that from a dollar point of view, this home offers you the perfect way to walk the property ownership tightrope - with a soft landing ahead. Let's just say that for around half of what an entry-level standalone freehold home in trending Grey Lynn would usually cost you, you could settle into this renovated, fresh and light family-sized residence in a cared for street. The house is yours to do with as you wish - and there's no landlord calling the shots. Rope in the relatives and get them on side, or think long-term to when your financial situation is sunnier - and who knows, you could freehold the place in coming years to really anchor yourself in Grey Lynn territory. Investors - a rental appraisal puts this one in the $800-plus per week category so your eyes should be lighting up about now. We know you will crunch the numbers. Look at the photos, weigh up your options and