With an elevated sunny aspect and original features throughout, this stunning 1940s Grey Lynn art-deco home and income sits on a large freehold 632 square meter site and offers a range of flexible options for the discerning buyer.Ideal for family living the main house is configured as three large bedrooms, two living areas and separate dining space, with the option to easily convert it to four bedrooms should the need arise. The modern kitchen flows effortlessly through to the dining and lounge area and the rear second living area with a private sunny north facing deck and garden is perfect for entertaining.With a nod to that bygone era, the inside boasts native wooden floors, art deco curves and corniced ceilings, alongside the modern amenity of double glazing throughout for warmth and comfort.The fully consented self-contained second dwelling is at the rear of the property. It is currently utilised as an AirBnB, bringing a steady income stream but can also double as an office, granny flat or a teenage retreat. The spacious 60 square meter cottage has its own large landscaped garden area, a delightful hidden urban sanctuary.Only a few minutes' walk to the heart of Grey Lynn offering a multitude of great eateries, bars and shops while being just a stone's throw from Ponsonby and the CBD. Great local schools, parks and close motorway access in all directions make this location highly valued.This beautifully presented art-deco home is something special with nothing like this on the market. Offering multiple income streams and future development or subdivision potential this property is worth your consideration and viewing.