Architecturally-designed unit with two-bedroomed living on top and warehouse below.
Checking out modern live/work properties in purpose-built developments can be a disappointing and frustrating experience.
If you’re wanting spacious designer living with more than one bedroom, sizable business premises and impressive indoor-outdoor flow to not one but two balconies, you could be struggling to find the perfect property.
A unit in the sought-after Lucas 18 live/work development on Oteha Valley Rd Extension at Albany could be just the ticket.
Listed by Dave Lane from NAI Harcourts Cooper & Co, the architecturally-designed unit has impressive two-bedroomed living on top and a 77 m² (approximately) warehouse below, zoned light industrial and offering a plethora of options.
The unit is around 68 m² plus balconies and designed for comfortable living. There’s a designer kitchen with all the mod cons, two good-sized bedrooms and an open plan lounge. As well as that hard-to-find second bedroom, the unit boasts a balcony at the front and another at the rear to ensure both natural light and airflow.
The ground floor has a medium stud height of 3.8m with a full-height electric roller door, separate entry door and toilet.
There are two car parks allocated to the unit, which has a capital value of $810,000 and is just 2km to the Northern Motorway interchange.
“This property is the perfect opportunity for investors or owner/occupiers to get into the real estate market and purchase something that is a step above others of its type available around the city,” Lane says.
Lucas 18 is a very attractive development that attracts interest from across the sector and, with vacant possession, this property will be snapped up on auction day on March 17.
Made of concrete wall panels, concrete floors, aluminium weatherboard and long-run roofing, the property is close to Albany Mall, old Albany Village, the North Shore stadium, community pool, large retailers, Massey University Albany campus, the Mega Centre and string of eateries within walking distance.
The property – Unit C10 at 18 Oteha Valley Road in Albany – will be auctioned in rooms at Harcourts Takapuna from 1pm on March 17 (unless sold prior).