6 St Albans Avenue, Mt Eden, Auckland

Mt Eden boarding house on large landholding

• 516sqm character villa operating as a 22-room boarding house
• Attractive multi-tenanted cashflow with considerable upside
• Underpinned by a large 1,318sqm freehold site with Mixed Use zoning
• Great Mt Eden location, an easy walk to cafes, restaurants and supermarket
• Income and land, the best of both worlds - Buy it while you can!

Comprising a substantial 516sqm standalone building being run as a 22-room boarding house, this character villa generates a notional fully leased income of approximately $222,167 per annum (gross), with room to improve.

Situated on an elevated, sunny, north-facing 1,318sqm freehold site with circa 42m of street frontage, the property has genuine development credentials, supported by its Business - Mixed Use zoning and a volcanic viewshaft sitting at roughly 36m.

Long-term owners want this gone, so don't delay! Contact us today to arrange a viewing and secure your future investment in this prime Mt Eden location.