1/118 and 2/118 Coronation Road. A highly attractive opportunity for homebuyers, investors and developers alike with these 2 bedroom brick and tile units sharing a 675sqm easy care road front section. Perfectly situated in a highly sought after location and offering more than meets the eye.
Currently, there are two cross lease titles with equal half share. The council has confirmed that the site can take a third dwelling granting you grand opportunities! There's potential to subdivide into 3 titles where you can either add a single or 2 storey property at the back, OR you can start from scratch and build 3 brand new properties (subject to council approval). The choices are yours! Alternatively, you can land yourself a lucrative investment as one unit has enjoyed tenants for 8 years while the other, 2 and a half. Together they achieve a combined rental income of $980.00pw.
1/118 Coronation Road
- 2 Bedroom Brick Unit
- 1 Bathroom
- Modernised Throughout (2 years ago)
- 1 Garage
- Road Frontage
- Open Plan Living
2/118 Coronation Road
- 2 Bedroom Brick Unit
- 1 Bathroom
- Original Condition
- 1 Garage
- Open Plan Living
Located in a remarkably prominent area that continues to grow in popularity, this is an opportunity you don't want to miss. Within walking distance to the Mangere Mountain walkway, Mangere Bridge Village and Mangere Bridge School as well as public transport. Further, you have the advantage of being well-positioned nearby main arterial routes with easy access to Auckland Airport, Auckland City and your local amenities. This is certainly a prize you can't miss! Call William now on 0211 833 433 for more info!
NOTE: Foor and land area size have been obtained from multiple sources: Property Smarts, Property-Guru, Auckland Council (LIM) or Title documents. Advertised areas have not been measured by the Salesperson or Ray White - A T Realty Limited. We recommend you seek your own independent legal or expert advice if these sizes are material to your purchasing decision
