• $1200000
22A Arabi Street, Sandringham, Auckland, 1041, New Zealand
Savvy investors and discerning developers will want to put this one straight on their watch list. On the market for the first time in over 20 years, opportunities such as these rarely become available – we suggest a prompt visit here!
Attractive 1960s two storey brick and tile block on 885 sqm
Four 2 bedroom units on cross lease titles each with two car park spaces
Tidily presented with great scope to improve and add value
Current total rental return of $100k per annum
Easy walk to Westfield St Luke’s shopping and cinemas
Close to bus routes and a short drive to Morningside train station
Sandringham village cafes, restaurants and specialty shops nearby