You've read the news, blocks of units are always in high demand and rare as hen's teeth! Purchase this property and your retirement is sorted.This is your once in-a-blue-moon chance to secure a fantastic block of four two-bedroom bedroom units. This quality block of cedar, concrete block and iron units, all on separate titles is sure to impress. The land is zoned Mixed Housing Suburban.Whether you are looking to invest, land bank or develop, you simply can't beat the location here, in addition, the excellent holding incomeA MASSIVE 1,012m² Freehold Quarter-Acre SiteFour two-bedroom units, each on separate titlesFour Tenancies currently providing a whooping rental return $165,360 paFreehold and sunny sectionMixed Housing SuburbanPositive Cashflow in Central AucklandIn zone for Bailey Rd School, One Tree Hill College and Baradene CollegeUnscathed during the recent Auckland floodingEnjoy the holding income now and develop in the future (subject to council approval)Concept plans available for 10 x 3 bedrooms, two bathroom homes, designed by Ashcroft HomesNew homes would be highly contested in this locationFor investors and developers, the potential here is huge!This growth suburb has become extremely popular in recent years, where residents enjoy living in an established area.With close proximity to Sylvia Park, Lunn Ave and Ellerslie Village, you will not be limited for choice when it comes to dining out or shopping. Transportation is a breeze with the Panmure train station, bus and motorway links so close by.Our vendor is working to a time schedule, at auction, if not before, this excellent property will be sold. Early inspection is highly recommended.This could be the buy of the century - Take your first first step to wealth and call us now.