Inspection Thu 5 Nov, 12:00pm
4 Northland Street,
Grey Lynn, Auckland City
Asking Price $2,295,000
Property details
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Agents
Ray White Grey Lynn: Locals Grey Lynn Limited Licensed (REAA 2008)
422 Richmond Road, Grey Lynn Auckland City 1021
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Character, Income and a World of Possibility
Positioned in the heart of Grey Lynn, this meticulously maintained villa is a rare and versatile opportunity for astute investors, extended families and savvy owner occupiers with an eye on the future.
Currently configured in two separate flats, the property comprises a three-bedroom home and a two-bedroom home, together returning $1,460 per week, creating an immediate income stream and a smart addition to an investment portfolio.
The single level front flat encompasses three double bedrooms, a bathroom, modern kitchen and lounge opening to a small private courtyard garden. The second home enjoys open plan living extending to an elevated deck and a sprawling mature garden. Two bedrooms sit on the upper level, complemented by a family-sized bathroom on the main floor. Underneath the property are two oversized storage spaces, plus the laundry room.
The north-west facing garden is perfectly positioned to capture the sun, creating an inviting setting for outdoor living and entertaining. Established greenery frames the lawn and vegetable garden, while an outdoor dining terrace beneath a mature fig tree is an idyllic setting to unwind.
The possibilities here are compelling. Live in one home while renting the other to help offset the mortgage, create a comfortable arrangement for extended or multigenerational family, or explore returning the property to a grand single residence and create the central suburbs' home you've been dreaming of - in keeping with many of the neighbouring homes.
The vendors previously obtained consent for a minor dwelling at the rear, adding further possibilities to the substantial 594m2 site. The property is complete with 3 off-street parks while Ponsonby, the CBD and key arterial routes are within easy reach.
Combining timeless character and remarkable flexibility in a coveted Grey Lynn postcode, this is an exceptional opportunity available for the first time in 30 years.
Currently configured in two separate flats, the property comprises a three-bedroom home and a two-bedroom home, together returning $1,460 per week, creating an immediate income stream and a smart addition to an investment portfolio.
The single level front flat encompasses three double bedrooms, a bathroom, modern kitchen and lounge opening to a small private courtyard garden. The second home enjoys open plan living extending to an elevated deck and a sprawling mature garden. Two bedrooms sit on the upper level, complemented by a family-sized bathroom on the main floor. Underneath the property are two oversized storage spaces, plus the laundry room.
The north-west facing garden is perfectly positioned to capture the sun, creating an inviting setting for outdoor living and entertaining. Established greenery frames the lawn and vegetable garden, while an outdoor dining terrace beneath a mature fig tree is an idyllic setting to unwind.
The possibilities here are compelling. Live in one home while renting the other to help offset the mortgage, create a comfortable arrangement for extended or multigenerational family, or explore returning the property to a grand single residence and create the central suburbs' home you've been dreaming of - in keeping with many of the neighbouring homes.
The vendors previously obtained consent for a minor dwelling at the rear, adding further possibilities to the substantial 594m2 site. The property is complete with 3 off-street parks while Ponsonby, the CBD and key arterial routes are within easy reach.
Combining timeless character and remarkable flexibility in a coveted Grey Lynn postcode, this is an exceptional opportunity available for the first time in 30 years.
Inspections
Explore the area
School catchments
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 0.14km
- Grey Lynn School Primary Years 1-6 State 0.56km
- Kōwhai Intermediate Intermediate Years 7-8 State 0.98km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 1.0km
- Richmond Road School Primary Years 1-6 State 1.1km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 1.3km
- Auckland Girls' Grammar School Secondary Years 9-15 State 1.5km
- Mt Albert School Primary Years 1-6 State 1.6km
- Westmere School (Auckland) Primary Years 1-6 State 1.6km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 1.7km
- Mt Eden Normal School Primary Years 1-6 State 1.9km
- Ficino School Full primary Years 1-8 Private 1.9km
- Freemans Bay School Primary Years 1-6 State 1.9km
- Ponsonby Intermediate Intermediate Years 7-8 State 2.0km
- Pasadena Intermediate Intermediate Years 7-8 State 2.0km
- City 0-10 Composite Years 1-15 Private 2.1km
- Western Springs College-Ngā Puna o Waiōrea Secondary Years 9-15 State 2.1km
- Balmoral School (Auckland) Full primary Years 1-8 State 2.1km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 2.2km
- Marist College Secondary Years 7-15 State integrated 2.2km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 2.3km
- UP International College New Zealand Secondary Years 9-15 Private 2.3km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.3km
- Mt Albert Grammar School Secondary Years 9-15 State 2.5km
- Auckland Grammar School Secondary Years 9-15 State 2.5km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.6km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 2.7km
- TKKM o Nga Maungarongo Composite Years 1-15 State 2.8km
- Galaxy International College Secondary Years 9-15 Private 3.1km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Photos
Floorplan
Contact Scott Wither
Contact Scott Wither
Scott Wither
4 Northland Street, Grey Lynn 1021
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Scott Wither
4 Northland Street, Grey Lynn 1021