Sold - 17.11.2016
Only once in a blue moon does an opportunity like this present itself for the astute buyer and even less often in the heart of one of Ponsonby's most coveted cul-de-sacs. Imagine finding that rare combination... a classic, turn of the century villa, plus 2 completely self-contained 1 and 2 bedroom units on 685m2. Much admired from the street, this gracious return verandah villa comprises 4 large bedrooms, a formal lounge and a spacious, modern kitchen. The dining area opens onto a huge covered deck, so no matter what the weather, this versatile living space, equipped with its own kitchen, is designed for family-friendly entertaining. To the rear of the property, the 2 units, each with their own access, work so well, that tenants have been known to say 'they never want to leave'. Whether used for short or long term rentals, the financial return is incredibly attractive. With garaging and plenty of off-street parking and a gate which opens onto popular Tole Street reserve, this 'home with a twist', certainly provides an abundance of options. Make the villa your home, rent out the units, turn it into an airbnb, employ the au pair you've always wanted, distance yourself from the teenagers, work from home, or bank on all three dwellings as an investment... you decide how best to make this outstanding proposition work for you. Just a short stroll to Ponsonby Rd and all its fabulosity, the kindergarten, Ponsonby Primary and the Intermediate as well as the private school buses at the end of the street. With so much choice on offer, we recommend moving quickly, as neither time nor tide nor even a blue moon waits for anyone!
Rental appraisals (Oct 2016) indicate these returns: - Villa (unfurnished) $1200-$1300/wk - 1 bed unit (part furnished) $440-490/wk - 2 bed unit (fully furnished) $475-525/wk - Combined for 3 dwellings $2115-$2315/wk
Copy and paste the below URL to view an interactive floor plan http://drawphotography.co.nz/tour/13206017?page=2
Property ID PON24082
Air Conditioning, Security Alarm
Close To Schools, Close To Shops, Close To Transport
* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.