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Double Income with Do up/ Development Potential

8 Allen Road

9

4

2

9

4

2


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Marketed by Jake Zhou & Justin Wu

Double Income with Do up/ Development Potential


8 Allen Road

Grey Lynn, Auckland

Sold - 06.06.2024

Marketed by Jake Zhou & Justin Wu

Set well back from a lovely tree lined street, this classic 9 Bedrooms weatherboard and block constructed Two Flats or Legal Home-and-Income property presents a range of options for astute buyers. Divided as legally separate entities each with own entrance and currently yielding an attractive $2180 per week there's opportunity to reap the obvious rewards in this prestigious post code. Each individually metered flat has a generous floor plan suitable to accommodate two families. Alternatively, opt to live in one and let the other to pay down the mortgage faster. The entire dwelling has a substantial 293 sqm (approx.) floor plan suggesting further options to transform and create one large family home. Features to note:

Upstairs Flat: * Sizable and central open plan carpeted living area with heat pump * Sunny kitchen with black granite to benches and island and a spacious dining nook * Three double bedrooms served by two bathrooms with corresponding layout featuring shower, toilet, and vanity * Three additional utility rooms, abundant storage, and separate laundry with access to back deck and yard

Downstairs Flat: * Separate living and dining room with two wall mounted heaters * Kitchen with granite counter and underbench oven * Six bedrooms with capacity to repurpose to increase living areas if desired * Access to a generous alfresco deck for secluded outdoor entertainment * Separate laundry, and bathroom facilities comprising of two separate powder room toilets, and two shower rooms

There's ample parking and expansive lawns on a gently sloped full 655 sqm (approx.) section with mature trees on the southern boundary. Close to public transport and motorways for a city commute and walking distance to Grey Lynn Park and Western Springs. The pivotally located property is handy for excellent Grey Lynn amenities and Ponsonby's vibrant precinct 3 minutes by car.

Property Details

Suburb stats

Property ID ORK30966

Category
House
Status
Sold
Bedrooms
9
Bathrooms
4
OSP
2
Land
655 m²

Floor Plan



Local Schools

* 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.

Primary
Intermediate
Secondary
Richmond Road School - 550m away
Years 1-6
Co-ed
113 Richmond Road
09 376 1091


Ponsonby Intermediate - 1.3km away
Years 7-8
Co-ed
50 Clarence Street
09 376 0096


Pasadena Intermediate - 1.7km away
Years 7-8
Co-ed
Moray Place
09 846 2169


Western Springs College - 1.6km away
Year 9-15
Co-ed
Motions Road
09 815 6730


Auckland Girls' Grammar School - 1.7km away
Year 9-15
Girls
Howe Street
09 307 4180



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Make an Appointment

Send an enquiry about this property to the agent


Jake Zhou


Licensee Salesperson

Mobile: 021 123 6255

Phone: (09) 520 6000

Justin Wu


Licensee Salesperson

Mobile: 021 042 2068

Phone: (09) 520 6000


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Suburb Stats

Grey Lynn


Median sale price in August 2024

$1,180,000

19% last month
N/A same time as
last year

Monthly Trend

Total Sales in August 2024

7% last month
13 sales
N/A same time as
last year

Monthly Sales