4/18 Airborne Road, Rosedale, Auckland

Looking for your first property, a live/work solution or an investment with multiple income streams?This split residential/commercial property offers flexibility, functionality and income in one package.Upstairs, the light-filled, north-facing studio-style apartment features open-plan living, dining and kitchen, a master bedroom with ensuite, plus a study/office or small second bedroom.Downstairs, the well-presented, self-contained office/clinic includes reception, three rooms, kitchen/utility area and bathroom. Air conditioning, its own patio and two allocated car parks add to its appeal.Solid concrete tilt-slab construction and aluminium joinery provide a low-maintenance setup in a convenient Rosedale location, close to motorway on-ramps, public transport links, cafes, schools and local shopping.The income opportunity: Residential tenancy currently returning $27,040 p.a. including OPEX (OPEX portion $3,357.96 p.a.)Ground-floor office currently leased by the Vendor at a discounted rate of $15,600 p.a. + GST ($17,940 incl. GST) + OPEXEstimated market rental for the ground floor of $22,000 p.a. + GST + OPEXAt current rents, combined income is approximately $42,940 p.a., With potential net income of approximately $45,682 p.a. (includes market estimate as above)Key features: total sqm approx 152Residential + commercial configurationNorth-facing upstairs apartment1 bedroom + study/office or small bedroomEnsuite + downstairs bathroomSelf-contained office/clinicThree rooms + receptionAir conditioning + private patioThree car parksSolid concrete constructionApprox. body corporate levy $4,115.92 p.a. Properties offering this established office/clinic-style configuration are not often available. Whether you're looking to live, work or invest, Unit 4 offers plenty of options.Income and rental figures are indicative and subject to tenancy arrangements, expenses and purchaser due diligence.