148 Astley Avenue

About this property

Whether you are a developer looking for your next shovel-ready project, an investor seeking a high-yield cash cow, or a family wanting a substantial home-and-income to help smash the mortgage, this sprawling 1,184m² property demands your immediate attention! Located in the vibrant heart of New Lynn, this rare dual-dwelling estate is a true TRIPLE TREAT. • The Developer's Dream: The Hard Work is Done! Skip the red tape and holding costs! Resource Consent (RC) has already been granted to transform this massive site into 4 full brick, substantial, high-end standalone family homes. - Approved Plans Include: Thoughtfully planned layout throughout. 4 bedrooms, 3.5 bathrooms, 3 separate living areas, 1 or 2 kitchens, and single or double garages. - Generous Proportions: Floor areas ranging from 200m². • The Investor's Cash Cow: $1,169 Per Week Enjoy immediate, lucrative holding income while you landbank or finalize your building plans. The property features two completely standalone homes with entirely separate utilities (individual water and power meters, Wi-Fi, and rubbish bins) for hassle-free management. Together, they can generate a fantastic approximate $1,169 cashflow per week. • The Home & Income Lifestyle Perfect for large families or those looking to pay off the mortgage! - The Main House: Immensely spacious, featuring 3 bedrooms plus a dedicated study. Downstairs, you'll find 2 massive multifunctional rooms-perfect for a teenagers' retreat, home gym, or rumpus room. - The Minor Dwelling: A beautifully self-contained 1-bedroom home (complete with a living room, kitchen, and bathroom). Renovated just over a year ago, it is currently tenanted and generating a reliable $449 per week. • Unbeatable Location & School Zones Perfectly positioned for family living, this property is situated in some of West Auckland's most desirable school zones, including: - Green Bay High School - Blockhouse Bay Intermediate - Arahoe School Opportunities of this scale and versatility in central New Lynn are incredibly rare, and the vendor's instructions are clear: THIS MUST BE SOLD! Secure your spot in this thriving suburb today. Call Ian now on 021 159 2078 to arrange a viewing or to request the information pack. We are always happy to work with other agents and welcome conjunctional sales, so agents, bring your buyers!