25 Whytehead Crescent
Kohimarama, Auckland City
Kohimarama, Auckland City
SOLD
8
7
5
Safety in Numbers
Genghis Khan wasn't widely recognised for his investment advice, and for the most part, this is probably a good thing. But there is one quote that has always stood out as something to take on board when it comes to investments. Genghis is credited with having said that "one arrow alone can easily be broken, but many arrows are indestructible". It's the same with investments; diversify and strengthen. Fortunately for you, this property has all the arrows bundled in one great location. Seven arrows to be precise. Or apartments, to break with the analogy.
Sitting off Kohimarama Road, this seven-flat property offers easy and quick access to the city by both car and bus, with the CBD and everything it has to offer only 15 minutes away. Closer to home, the local Eastridge Shopping Centre is just around the corner, as are the wonderful Kohimarama and Mission Bay beaches, with all of their fantastic cafes and restaurants. From an investment perspective, this is a truly rare find, especially given that it hasn't been on the market for 39 years! Aside from the more sociable perks of the property, all of the apartments are zoned for St.Thomas's Primary School and Selwyn College.
In total, the property consists of six one-bedroom flats and one two-bedroom flat, as well as five carports and plenty of off-street parking. The flats sit on an open and sunny 961m2 piece of mixed housing suburban land. As for people living in the apartments themselves, some of the tenants have called 25 Whytehead home for over 10 years!
As with arrows, investing is about strengthening through diversification and variation. A property like this offers that security through its uber-central location, its rarity in the market, and the opportunities and potential for both rental, refurbishment and future development. This truly is a once-in-a-lifetime find in the ever-growing city of Auckland.
Tender Closes: 5:00pm Wednesday 5 June 2019 (unless sold prior) at Ray White, 415 Parnell Road, Parnell.
Sitting off Kohimarama Road, this seven-flat property offers easy and quick access to the city by both car and bus, with the CBD and everything it has to offer only 15 minutes away. Closer to home, the local Eastridge Shopping Centre is just around the corner, as are the wonderful Kohimarama and Mission Bay beaches, with all of their fantastic cafes and restaurants. From an investment perspective, this is a truly rare find, especially given that it hasn't been on the market for 39 years! Aside from the more sociable perks of the property, all of the apartments are zoned for St.Thomas's Primary School and Selwyn College.
In total, the property consists of six one-bedroom flats and one two-bedroom flat, as well as five carports and plenty of off-street parking. The flats sit on an open and sunny 961m2 piece of mixed housing suburban land. As for people living in the apartments themselves, some of the tenants have called 25 Whytehead home for over 10 years!
As with arrows, investing is about strengthening through diversification and variation. A property like this offers that security through its uber-central location, its rarity in the market, and the opportunities and potential for both rental, refurbishment and future development. This truly is a once-in-a-lifetime find in the ever-growing city of Auckland.
Tender Closes: 5:00pm Wednesday 5 June 2019 (unless sold prior) at Ray White, 415 Parnell Road, Parnell.
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