• $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