29 Sentinel Road, Herne Bay, Auckland

Investment landbank - Dress circle location

Position conscious buyers with an eye to the future, this is the property with unrealised potential you have been waiting for!

First time on the market since built, this circa 1960's multi-level block of eight units on a Freehold 1153sqm Title is primed for sale and awaits a visionary purchaser.

Fully tenanted (with predominantly longstanding tenants) and producing a collective income in excess of $220,000, the property represents a worthy investment or future landbank in Auckland's most affluently desired suburb. Alternatively, is this the building platform for your new family residence or penthouse home with income opportunity?

With a new roof replacement - the existing building has stood the test of time. The dwelling is ripe for redecoration, modernisation, or other improvement requirements, and offers the visionary purchaser or astute investor an exclusive opportunity to secure a unique property holding in such a desired city centre fringe location.

Positioned within a few minutes' walk of Herne Bay and Ponsonby's shopping and restaurant boulevards, and within a short drive of Auckland CBD with convenient access to the harbour bridge and main arterial routes - this is a prime piece of real estate rarely offered for sale.

Owner's retirement move dictates sale. Don't let this priceless opportunity pass you by.

Viewing: By appointment
Auction: Thursday 18th November 2021 @10.00am, Bayleys office - 50 Remuera Rd, Remuera
Phone: David Nightingale Ph 027 2272949 or 09 5394722
Elisabeth Hampson Ph 021 454077