Early 1900's villa in four 1 bedroom flats situated in the heart of Ponsonby close to cafes, shops and public transport. Land area 328 m² and floor area approx. 213 m². Currently earning income of $60,000 p.a. CV $1,070000 (July 2011). Off street parking for 2 cars, opportunity here to redecorate, re-assess rental and gain a foothold in sought after area close to the city. Purchasers must do own investigation re flats. Currently worded as Multi Unit Dwelling 4 Flats. Section backs onto Vermont Reserve. * 4 Bedrooms * 4 Bathrooms * 328 m² section * Building 213 m² * Auckland City Council Rates $5,713 pa * Price: $1,275,000