Ray White Epsom

Ray White Black Group Realty have established themselves as the pre-eminent real estate brand and industry leaders in the premium property market. A dedicated team of professionals committed to excellence in client service and satisfaction work tirelessly representing the full gamut of customers’ interests from buyers, sellers, developers and investors.
Black Group’s Epsom operation is supported by more than 1,600 networked agents (across 156 national Ray White offices) working co-operatively to expose your property to a database of 9,000 buyers and 750,000 recipients of our property alerts.
The Black Group Team’s elite service and exceptional outcomes are driven by an accumulation of each individual agent’s intimate local market knowledge, focused campaigns and decisive negotiation and closing tactics.

Real Estate Agents

Ray White Epsom
Ray White Epsom
349A Manukau Road
Epsom
Auckland 1023
Listing #:
16932308
Listed:
13 days ago

Auction (unless sold prior)

Fri 29th Nov 11:00am

Freehold, Mixed Use and DGZ Gold

22 Morgan Street, Newmarket, Auckland
Residential House
bedroom
5 Bedrooms
bathroom
2 Bathrooms
carparkgarage
5 Car Garages
floorarea
292m2 Floor Area
landarea
240m2 Land Area
About this property
The city fringe location bordering two of Auckland's top neighbourhoods - the commercially vibrant Newmarket and the quaintly character-filled and historic Parnell is quite apt for this rare and tightly held multi-use commercial/residential property. The blend of commerce and history found in the area is fittingly reflected in the offerings to be found in this authentically renovated Double Grammar Zone 292m² (approx) turn-of-the-century villa. With a range of uses for those looking for something outside the square, but within their ideal brief, some scenarios could run like this:

Option 1:
Occupy the villa's main space and savour your daily dose of original native timber polished floorboards, high stud, lovingly crafted fretwork and intrinsic character elements. Let out the one bedroom self-contained period extension for extra income from Airbnb or to permanent tenants in this desirable location. Lease the commercial space to further augment the yield from a basement warehouse with room for five cars and scope to repurpose for workshop or office.

Option 2:
Secure the commercial space for your project, entrepreneurial enterprise, studio, clinic or store your own collection of valuables. Let out the residential home and furthermore keep the studio as you own perfect nest for a place to stay when you're in the city and away from your primary residence.

Option 3:
Acquire the property as a commercial investment in its entirety and hold for the future. This prime Double Grammar Zone multi-use property has been here for 100 years and it will be here for 100 more so watch your investment grow from 3 diverse income streams for as long as you need it that way.

There are bound to be more options than this but only you can match the possibilities. This Mixed-Use zone villa in Newmarket heartland business district is a prime piece of real estate gold close to motorway, Broadway, Auckland Domain, a proliferation of top restaurants, cafes and major retail outlets - so move quickly to make it yours.

Sat 23rd Nov 12:00pm ~ 12:30pm

Sun 24th Nov 12:00pm ~ 12:30pm

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