Full Res 1-5 Monarch Avenue 1.jpg

5 Monarch Ave, Hillcrest

4 Units in total consisting of 2&3 Bedrooms 

1 Bathroom in each unit

1 Living in each unit

Views of Auckland city and beyond

A purpose built multi-unit/apartment block, rarely available on the North Shore. This gilt edged income earner has enjoyed high occupancy over eight years since the present owners purchased. Situated in the heights of desirable Hillcrest this investment property is well worth a look.

- Substantial 1424sqm (more or less) freehold title.
- Two x three-bedroom apartments plus two x two-bedroom apartments.
- Apartment 1: 3 Bedrooms, 1 Bathroom & expansive views
- Apartment 2: 2 Bedrooms, 1 Bathroom
- Apartment 3: 2 Bedrooms,1 Bathroom, views
-Apartment 4: 3 Bedrooms, 1 Bathroom, Garage with internal access.

- Currently tenanted earning an income of $93,340 per annum.
- Solid 1960's construction plus updated with double glazed windows throughout most of the apartments & a new roof in 2019.
- July 2017 CV $1,630,000


Online Auction: 1:00pm, Sunday 12th December 2021 (unless sold prior)

To download the property files please visit this link: https://www.harcourtsfiles.co.nz/listings/9X1S