Sold

1/21 Grove Road,
Sandringham, Auckland City

12 bedrooms
8 bathrooms
6 car spaces
779m² land size
Unit

Price withheld


Property details

Chattels

  • Cooktop Oven
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Blinds

High-Yield Investment near St Lukes Mall

This expansive, two-level concrete block property offers four self-contained units, making it an outstanding opportunity for investors or extended families. Each unit includes:
- 3 Bedrooms & 2 Bathrooms
- Newly renovated kitchens (in two units)
- Separate dining and open-plan living
- Separate laundry
- Indoor-outdoor flow to fully fenced courtyards

Property Highlights:
- Land Area: 779sqm of flat land with future development potential
- Zoning: Residential - Terrace Housing and Apartment Building Zone
- Annual Rental Appraisal: $171,600

Unit Details:
Unit One: 118 sqm floor area | CV: $1.14M
Unit Two: 121sqm floor area | CV: $1.04M
Unit Three: 118 sqm floor area | CV: $1.08M
Unit Four: 111 sqm floor area | CV: $1.08M

Prime Location:
- 5-Min Walk: St Lukes Shopping Mall (350m)
- 10-Min Walk: St Lukes Mega Centre
- 2-Min Drive/10-Min Walk: Sandringham Shops
- Easy Access: Schools, amenities, and motorways to CBD, Airport, and Manukau City

School Zones:
- Edendale School
- Balmoral School
- Kowhai Intermediate
- Mt Albert Grammar

This is a rare chance to secure a high-yield investment in a premium location with strong development potential. Don't miss out! Please Contact Camilla and Cindy today to schedule a viewing.

AGENTS - CONJUNCTIONAL WELCOME FROM DAY ONE

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as RPNZ or Auckland Council (LIM) documents. They have not been measured by the Salesperson or City South Investments 2019 Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.

Explore the area


School catchments

  • Edendale School (Auckland) Primary Years 1-6 State 0.20km
  • TKKM o Nga Maungarongo Composite Years 1-15 State 0.84km
  • Good Shepherd School (Balmoral) Primary Years 1-6 State integrated 0.90km
  • Balmoral School (Auckland) Full primary Years 1-8 State 0.90km
  • Balmoral S D A School Full primary Years 1-8 State integrated 0.91km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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