5 Faber Avenue Mount Wellington, Auckland City

Good investment opportunities are hard to find in central Auckland, and home and income properties are very rare in Mount Wellington, but to find 2 x 2 bedroom units on a full freehold site is truly unique.

Whether you are looking for a high yielding freehold investment, or a great piece of land with development potential and a substantial holding income, this one is sure to impress. Sitting proudly on a flat 759m2 site these solid 1960s two bedroom units have stood the test of time, and now await there new owner. One of the units has been recently renovated and modernized. The other is in a tidy condition, but still offers plenty of opportunity to upgrade and add value. Zoned for mixed housing, this will be very popular with developers and builders.

Conveniently located near public transport routes and within walking distance of the local Harris Rd shops, including a superette, pharmacy, and numerous takeaway food outlets. Only minutes drive to the Ellerslie Village, Sylvia Park, and motorway access.

AUCTION: 6:00pm Tuesday 2 November (unless sold prior)