A & B/95 Felton Mathew Avenue, St Johns

For Sale $2,650,000

425m² Floor Area

CASHFLOW AND SECURE INVESTMENT OPPORTUNITY

Well-located at the centre of St Johns is this two-level, 12-apartment unit building for sale. It has excellent road frontage and is a hands-free investment opportunity not to be missed, a smart investor should add this golden opportunity into your real estate portfolio and present an offer today.

The tenants enjoy this convenient location, being within walking distance to Woolworths and PAK'nSAVE supermarkets. It is also only a few minutes' drive to the City Centre, Newmarket, Lunn Avenue and Sylvia Park shopping centre. The property is in zone for both Stonefields School and Selwyn College and is within walking distance to Glen Innes train and bus station. It is also a close drive to eastern beaches such as Mission Bay, St Heliers and Kohimarama.

KEY FEATURES:

Ground floor – 1x two-room unit, 1x four-room unit, and 1x one-room unit, plus common laundry and kitchen facilities
First floor - nine studio units
Stratum in Freehold
Road frontage
Excellent location - within walking distance to all amenities
Total 425m² floor area over two levels
12 units with various sizes
Current rental income of $223,860 p.a.
Four car parks and plenty of street parking

Please call the sole listing agents for more information or to arrange a private viewing.

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