Calling All Builders & Handy Folk!

21 King Street, Grey Lynn. MAR5872

SOLD – This listing was sold in October 2020


Calling all builders and those with practical skills and creative vision. Have you got an eye for a project boasting both location and potential?

Are you ready to do some work or looking for a rental investment with good return? Our sellers have moved out of Auckland and are renovating their own home, so it’s time to let this rental investment go. Maintenance is required but the potential is there. If your looking for your next project or challenge this may be the one for you.
Previously rented for $1640 per week, this fantastic huge 6 bedroom character home has approx 202m² of potential on offer set on a 368m2 site. Sitting on a unit title with 10 other houses around it, it was the way the title was created back then. All the houses are separate with their own land allotment and the majority of the body corporate fees go towards the shared insurance costs. You could explore free-holding the title if that is your preference.
Set over two storeys, the generous layout has been popular with tenants with a large light-filled lounge which was being used as a bedroom, three other bedrooms and a kitchen and bathroom on the top level with four more rooms on the bottom level being utilised as bedrooms along with another kitchen & bathroom. There’s been some updating over time including Kitchens (up and down) November 2018; heat pumps on both levels, new roof January 2018; insulation reviewed September 2016.

Whether you want a large Home to make your own, a home and income or maybe just an above 5% plus yielded investment property this one could be the one.
Close to all major public transport with buses along Great North Road and an easy distance to either the Newton or St Luke’s on ramp, commuting is easy from here. You are equidistant from popular Ponsonby shopping and dining hub or to the ever popular Grey Lynn cafes and boutiques.

Make your offer today – our seller wants to move on and it’s time to let this one go. Location, potential and character, all in one of Auckland’s most popular suburbs!