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Auckland City Median Price
Auckland City Median Rent
Waterview rent price
Auckland City schools
A1-4/18 Alverston Street, Waterview
$1,800,000 listed in Mar 2014
Unit: 10 Bed rooms 5 Bath rooms
Land size:  [Measure]
Agent: EVR Ltd Harcourts, Royal Oak

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Property Description:
Fabulous seamless gilt edge investment with 4 separate titles. If you have been waiting for the near perfect residential investment that has been purpose built offering extreme flexibility (separate titles), then investigate this superb opportunity. First time offered for-sale in 10 years, this is a genuine sale. Or alternatively the property represents an excellent home and income package.

Located in the 'hot' suburb of Waterview, the property comprises of 5 excellent income producing properties. Firstly a large 3 bedroom home, plus 3 great 2 bedroom units and one 1 bedroom unit. Each property is complimented by its individuality of private living, separate carports, quiet street and all nestled on 1017m2 freehold park like grounds. Construction, solid brick and tile - longevity and growth is the outcome here. Then after you factor in the impact of the new Waterview Tunnel (currently under construction) completing the SH20 Waterview connection, the Waterview Suburb and its surroundings are going be so accessible, resulting in the area's continuing popularity for home owners and tenants for many years to come.

With an independent rental appraisal of $1,740 per week for the whole complex, this equates to a whopping annual income of $90,480

The property has instant street appeal and is surrounded by quality real estate. It offers its occupies a relaxed environment in which to live, and an easy commute to all local and city amenities.

Demand from prospective tenants is very high, which is demonstrated by the high occupancy rate, with long term tenancies being the norm, thus creating a hassle-free appealing investment. Promptly contact the listing agents, Greig Kirby 0274916901, Leonie Kirby 0275858907
Property valuation from Government
Nearby Schools:
NameTypeDecileDistance
Avondale CollegeSecondary41.4 km
Hebron Christian College (Auckland)Combined81.3 km
Odyssey House School (Auckland)Secondary992 km
Marist CollegeSecondary72.2 km
Immanuel Christian SchoolCombined82.4 km
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The property data is from the public websites.

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