177A Stable Lane Eden Terrace, Auckland City

In a New York minute, this rare as hens' teeth, unique and special character 1920s property will be gone. Don't delay adding this Industrial Architectural gem to your property portfolio. In current ownership for 20 plus years is testament to what a fabulous home and investment this property has been. Spread over 3 levels with no shortage of sunshine or space. The ground floor retail space is located at 177 Symonds St and has been home to the same company for 12 plus approx. years. The entrance to the residential property is off Stable Lane. An internal access single garage and one off-street carpark are worth gold in this location. Upstairs you feel like you have walked into an open plan contemporary New York loft apartment with a strong industrial feel. Oversized stud height exposed ceilings, timber flooring are features that make you feel you are somewhere that has character and charm. A centrally located kitchen separates a large family room from a smaller media lounge while a powder room and laundry complete this level. Upstairs are 2 bedrooms separated by a bathroom. One of the bedrooms a mezzanine style and the other leads to a northwestern deck with city views and afternoon sunshine pours in. With plentiful windows throughout, the property is soaked in natural light. Returning approx. $65,000 gross pa this could stack up to be a fantastic investment. Recently upgraded structural work to meet current EQ ratings the stress is gone and only the opportunity remains.

Retail unit plus 2 bed townhouse 167m2 approx.
Set on 108m2 fee simple land - no body corporate
Structurally updated to meet current EQ standards
Exempt from current insulation standards
2 double bedrooms 1.5 bathrooms
One large living room & a smaller snug
Single garage plus 1 off-street park
Rental appraisal approx. $65,000 pa
Auckland Boys & Mt Albert Grammar

Retail entrance is on 177a Symonds St & Residential entrance is on Stable Lane.