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Residential

Here is a unique opportunity to acquire a freehold property on Marua Road in Mt.Wellington. The property includes a large, masterfully designed four bedroom, first floor loft style accommodation, with a high stud warehouse and office at the front of the property on the ground floor.

Options are abound – live on-site and rent out the warehouse or combine your work and living under one roof. Alternatively, invest in a popular residential/industrial asset in a highly sought after location.

Benefiting from a completely separate entrance, this first floor ‘New York’ style loft accommodation has been built to the highest standard after an extensive renovation in 2013. An expansive open plan living area with a flood of natural light greets you as you enter and features polished concrete floors, a high stud, exposed brick work and funky light features throughout. Four large bedrooms are included, one of which includes a wardrobe and ensuite. A North facing deck with an open fireplace is perfect for entertaining and being so far from the road means this is the ultimate solution for someone seeking quiet and peaceful enjoyment in a great location. In addition to all of this, you have a coveted ground floor work area/man (or lady) cave which could be utilised for a multitude of different uses, including storage or a recreational area.

Key Areas:

First Floor Accommodation/Character Office 

Loft Accommodation:                     283sqm 

Ground floor storage:                     102sqm

Deck:                                                 49sqm 

Office/Warehouse 

Warehouse/Workshop:                  483sqm

Office/amenities:                            155sqm

The ground floor features a high stud warehouse, lower stud workshop area and additional office/amenities. It is a highly desirable size range and has a market rental assessment between $95,000 - $100,000 net p.a + gst. Separate entrances to both the areas means individual enjoyment of each component of the property is with ease. 

This is a unique opportunity, the likes of which rarely present themselves to the market. Contact the sole agents for further information and to arrange an inspection. 

There is currently holding income in place on the front warehouse/office on a very flexible basis. Further details can be provided upon request.

Price will be plus GST (if any) **seek advice from your accountant**

 



Ref #: 20693065
  • 25/06/2021
  • Contact our experts for details on this transaction.