Don't miss the opportunity to be a part of Petone's heritage by snapping up this prime piece of real estate.
This property is one of those rare gems that will appeal to both investors and part owner occupiers alike. Offering 2 x 2 bedroom residential flats upstairs, each with their own separate entrance. Downstairs, a recently renovated commercial space is occupied by the popular Cafe Lokum.
With a combined income of over $70,000 you would have a sound investment on your hands. The residential flats bring in an income of over $30,000 annually and the downstairs commercial lease nearly $40,000 annually. The flats have huge development potential. Flat A boasts a great outlook over the vibrant social scene of Jackson Street, given some TLC it would make a fantastic easy care central apartment. Flat B is more recently renovated and offers a quiet escape at the rear of the building.The commercial space is a generous 180m2, has a large on street frontage and a rear entrance for deliveries. The commercial lease has been renewed with a long term tenancy.
Location speaks for itself here being smack bang, right in the middle of Jackson Street. A short stroll to local supermarkets, cafes, bars and public transport.
With low management, a balanced portfolio of residential/commercial and a freehold (multi-purpose within commercial) title, owning 184 Jackson Street will be something to be proud of whilst you reap the rewards.
Get in touch today with Scott or Bob for an information pack or to arrange a time to view!
Don't miss the opportunity to be a part of Petone's heritage by snapping up this prime piece of real estate.
This property is one of those rare gems that will appeal to both investors and part owner occupiers alike. Offering 2 x 2 bedroom residential flats upstairs, each with their own separate entrance. Downstairs, a recently renovated commercial space is occupied by the popular Cafe Lokum.
With a combined income of over $70,000 you would have a sound investment on your hands. The residential flats bring in an income of over $30,000 annually and the downstairs commercial lease nearly $40,000 annually. The flats have huge development potential. Flat A boasts a great outlook over the vibrant social scene of Jackson Street, given some TLC it would make a fantastic easy care central apartment. Flat B is more recently renovated and offers a quiet escape at the rear of the building.The commercial space is a generous 180m2, has a large on street frontage and a rear entrance for deliveries. The commercial lease has been renewed with a long term tenancy.
Location speaks for itself here being smack bang, right in the middle of Jackson Street. A short stroll to local supermarkets, cafes, bars and public transport.
With low management, a balanced portfolio of residential/commercial and a freehold (multi-purpose within commercial) title, owning 184 Jackson Street will be something to be proud of whilst you reap the rewards.
Get in touch today with Scott or Bob for an information pack or to arrange a time to view!