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28A Barrack Road,
Mount Wellington, Auckland City
NZD 1,560,000
Property details
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Agents
Ray White Stonefields: Now Stonefields Limited Licensed (REAA 2008)
3/80 Lunn Avenue, Mt Wellington Auckland City 1072
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Substantial Home & Income
Refreshed, rejuvenated and seriously impressive in scale, this substantial modern weatherboard home offers an incredible 321m2 floor area and a level of flexibility that is rarely found.
Boasting a remarkable nine bedrooms, three bathrooms, two living areas, two kitchens and two internal access garages; this is a property that truly delivers on space.
Currently configured as two separate residences, the home comprises a five-bedroom dwelling and a three-bedroom dwelling, making it perfectly suited to multi-generational living, those seeking a home and income lifestyle, or astute investors looking for strong returns. Or your family can stay in one side and benefits from an income of $33,000+ from the smaller residence!
Set on a sizeable cross-lease title with a 2/3 share of 1,242m², this is not only a substantial home but one that also enjoys a generous land parcel. The rooms throughout are impressively proportioned, and both layouts are practical and contemporary, ensuring comfortable day-to-day living.
Space is certainly not at a premium here. Whether you're relaxing indoors, entertaining family and friends in the expansive outdoor areas, or letting the children play safely in the garden, this property easily accommodates it all.
The investment credentials are equally compelling. The property is currently tenanted with a combined rental income of $1,540 per week (approximately $80,000 per year), with rental appraisals indicating potential returns of $88,000 to $100,000 per year.
A fantastic option exists to live in one residence while generating income from the other, with the added convenience of separate power meters already in place.
Well maintained throughout, the home features aluminium joinery, new carpets and a recent interior repaint, meaning much of the hard work has already been done.
Situated in a superb and highly sought-after pocket of Mt Wellington. Conveniently situated with good access to the main arterial roads, SH1 and public transport. All the eateries, entertainment and shopping at Lunn Avenue and Sylvia Park Shopping Centre are just a few minutes' away, along with the train station at Panmure and Mt Wellington.
Large-scale properties offering this level of space, flexibility and income potential are rarely available. This is an opportunity that demands attention.
Explore the area
School catchments
- Panmure District School Full primary Years 1-8 State 0.42km
- Stanhope Road School Full primary Years 1-8 State 0.79km
- Stonefields School Full primary Years 1-8 State 1.1km
- Auckland Montessori College Secondary Years 7-15 Private 1.2km
- Atea College Composite Years 1-15 Private 1.3km
- St Patrick's School (Panmure) Full primary Years 1-8 State integrated 1.6km
- Bailey Road School Full primary Years 1-8 State 1.7km
- Sylvia Park School Full primary Years 1-8 State 1.7km
- Panmure Bridge School Full primary Years 1-8 State 2.2km
- Ruapotaka School Full primary Years 1-8 State 2.2km
- Michael Park School Composite Years 1-15 State integrated 2.2km
- Tāmaki School Full primary Years 1-8 State 2.3km
- Riverina School Primary Years 1-6 State 2.6km
- Pt England School Full primary Years 1-8 State 2.9km
- One Tree Hill College Secondary Years 9-15 State 3.0km
- Ellerslie School Full primary Years 1-8 State 3.0km
- Mt Carmel School (Meadowbank) Primary Years 1-6 State integrated 3.1km
- TKKM o Puau Te Moananui-a-Kiwa Composite Years 1-15 State 3.3km
- Tamaki College Secondary Years 9-15 State 3.3km
- Saint Kentigern College Secondary Years 7-15 Private 3.4km
- Selwyn College Secondary Years 9-15 State 4.0km
- Edgewater College Secondary Years 9-15 State 4.1km
- Sacred Heart College (Auckland) Secondary Years 7-15 State integrated 4.4km
- Glendowie College Secondary Years 9-15 State 4.7km
- Pacific Advance Secondary School Secondary Years 9-15 State 4.9km
- Baradene College Secondary Years 7-15 State integrated 5.1km
- McAuley High School Secondary Years 9-15 State integrated 5.2km
- A1 Student School Composite Years 1-15 Private 5.2km
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 Benjamin Neal
Contact Benjamin Neal
Benjamin Neal
28A Barrack Road, Mount Wellington 1060
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Benjamin Neal
28A Barrack Road, Mount Wellington 1060