Auction this Wednesday - Charming Heritage Villa

Currently configured as two income-generating flats on a leafy street in a highly desirable neighbourhood, this is where the rubber meets the road for savvy investors who will stack up a superb opportunity from any range of ideas. The delightful 1915 233sqm (approx.) villa retains the essence of this famous era in New Zealand's colonial history while the tidy interior has been modified to present functional living spaces upstairs and down. The options are only limited by the obliging 486sqm site sloping gently from kerb to back boundary, fencing a flat, private and sheltered lawn fringed by mature trees. Retain as flats and enjoy the rental yield in this blue-ribbon postcode OR follow the trends of neighbouring properties and marry the old with the new for a completely transformed residence for the family.

The three-bedroom, one-bathroom flat upstairs has generous open plan living area with cozy heat pump flanking the mellowing old-school 70s kitchen with copper hood and central island. Flow to the wraparound north-west facing deck is where the sun gets captured and the potted herbs are easy to grow along with plenty of room for the barbecue. At ground floor level the decor reflects a more modern era with three bedrooms skirting a generous central hallway and al fresco patio. The modernised kitchen has timber benchtops and opens to the combined lounge and dining nook.

Parking is beneath a street level double carport and it's a short walk to the beaches, parks and charming Devonport Village. Rattle the coat-hangers in the fabulous boutiques, catch up with friends over excellent coffee at the cafes, and in the evening choose to dine at one of the nearby restaurants. The ferry to and from the city makes commuting a breeze and it's a short drive to Takapuna too. In zone for top Decile 10 schools including Stanley Bay, Devonport Primary and Takapuna Grammar School.