8 Simkin Avenue ST JOHNS, Auckland City

1153m2 Zoned 6a (1 unit per 375m2)

We are selling 8 Simkin Ave and 2/8 Simkin Ave with a combined 1153m2.
New CV's $510,000 and $310,000 respectively.

Our overseas vendor has done a considerable amount of work towards their due diligence on this property. An opportunity to develop in a popular Auckland location where most of the hard work has already been done.

The property is currently tenanted for $630 per week; $440 per week for the 3 bedroom home and $190 per week for the self contained unit. Cash flow can always be a problem when developing multi unit sites, ease the pressure on cash handling costs until you complete the project.

Council property file held on records for those interested.

Please call for viewing times.