2 Jellicoe Street Otahuhu, Auckland City

We have an amazing legal home and income opportunity. This generous freehold 1014sqm site has 2 separate dwellings- a spacious character bungalow with 2 bedrooms & a sunroom, as well as a sleepout and separate 3-bedroom home at the back. Click on the link for 3D Tour.
These 2 fabulous homes on the one title in appreciating Otahuhu represent the kind of opportunity that doesn't come along often. The main house is a beautiful character bungalow with its wide entrance, high stud ceiling, large bay windows and wooden floors. The separate spacious living area provides plenty of room for entertaining, large separate dining area with kent style firewood. You will find two large bedrooms and a sunroom. There is one bathroom with a bathtub, separate shower and toilet. Standard kitchen with lots of storage space opens to a decking area with a huge fully fenced backyard safe for kids and pets to run and play.
A gated sleep out with wardrobe provides a quiet home office or music room or extra bedroom for teens and attached covered decking area for endless entertaining and relaxing.
The back house, only one-year-old, is a modern home offering 3 double bedrooms, modern kitchen, open plan dining and lounge opens to a covered decking area. There is one common bathroom & toilet and another separate toilet. Another huge fully fenced backyard for the back house.
Produces a whopping $1,250 per week in rental income! Front dwelling is responsible for $700 and back house $550 per week. Tenants are happy to stay.
This property serves as an ideal buy and hold investment with room for value to be added. The multi-dwelling set up could also be perfect for an extended family, or a savvy owner-occupier that wants to rent out the additional dwelling to supplement their mortgage.
The location is a desirable one to invest in, with a host of shops, schools and other amenities just a stone's throw away. Zoned to Fairburn Primary School and Otahuhu College. with easy access to the motorway and Auckland airport, commuting will be a breeze!