69 Athens Road

About this property

Located on the border of Onehunga and One Tree Hill, this Home and Income duo presents a number of opportunities for purchasers with a vision. Leave as is and enjoy immediate cash flow from the 1920s bungalow and 1990s standalone home, or explore one of two Council-approved resource consents available in the information pack: subdivide the site as-is, or demolish and rebuild the rear home to create a long-term family home. What sets this property apart is its large backyard (984sqm section), ripe for development, presenting the possibility of expansion or an additional rental unit. With its versatile layout and potential for dual rental income, this property promises not just a home, but a savvy investment opportunity for those seeking both comfort and financial prosperity in a convenient location. Step inside to find: Rear home - character bungalow: • Two double bedrooms, master with sunroom /study area • Bathroom with separate bath and shower • Spacious kitchen with open plan living and dining • Loft upstairs for storage • Heat pump • HRV system • Large north facing deck and backyard • Lock up garage, carport, plus large utility room • The rear home was lived in by the owners and then recently rented - returning $685/week Front home - built 1990s: • Two double bedrooms • Modern kitchen & bathroom • Heat pump • SmartVent • North facing deck and lawn area • Carport • The front house has been used as an Airbnb - past financials are available in the information pack • Rental appraisal if rented full time: Unfurnished $650 - $700/week, or Fully furnished $700 - $800/week (with all contents of home available to stay) Benefit from being part of a vibrant central suburb with easy access to all points north, south, east, and west. Land yourself a deal and develop this marvellous site or add a new dimension and put the life back into this 100 year old gem.

Property features