Marketed by Eden Thomson & Kim Pausina
Price By Negotiation
Marketed by Eden Thomson & Kim Pausina
Some properties are purchased. Others are discovered. The truly exceptional ones are made to endure.
Positioned within one of Devonport's most tightly held coastal enclaves, this handsome dwelling presents a rare opportunity to acquire an architecturally distinctive solid concrete residence, tenanted, with an impressive existing income stream of $2,190 per week, equating to $113,880 per annum.
Experience the residence in motion through the cinematic VIDEO TOUR and explore its architectural depth and versatility through the interactive 3D VIRTUAL TOUR via the box icon.
Believed to be one of only two European-inspired homes of its kind, this exceptional residence occupies a category of its own, defined by architectural individuality, permanence, scale and scarcity.
Constructed during the 1990s, the home reflects a timeless European loft-inspired aesthetic, with soaring stud heights, exposed timber beams, extensive glazing, bespoke joinery and a considered use of natural materials creating a residence of extraordinary character.
Its three level configuration is equally distinctive, offering exceptional flexibility for investors, owner-occupiers, extended families or those seeking separation between living and working environments.
The ground level is independently accessed and currently configured as a self-contained two bedroom environment with open plan living, kitchen and bathroom facilities. Combined with light business zoning, it provides a range of possibilities for rental accommodation, professional practice, consulting, executive accommodation or a home-based business.
The middle level forms the social heart of the home, generous living proportions, extensive glazing and a wood burning fireplace create a warm and inviting environment. Elevated outlooks across the Waitemata Golf Course provide a sense of openness and greenery, while the upper level offers a private retreat that can operate independently or integrate seamlessly with the principal living spaces.
For investors, the property's established tenancy structure provides an immediate income stream alongside the potential for long-term capital growth in one of Auckland's most tightly held coastal markets. For owner-occupiers, the configuration creates the opportunity to combine an exceptional home with income producing accommodation.
Beyond the residence, Devonport offers a lifestyle that is difficult to replicate. The village, ferry connections to the CBD, boutique cafes, waterfront walks, beaches, reserves, premium schooling and Mount Victoria are all within easy reach.
What ultimately sets 1/25A Lake Road apart is the combination of architecture, income, flexibility and location. Solid concrete construction and individuality cannot easily be recreated, while the property's established rental profile adds a compelling dimension to an already exceptional asset.
Properties can be built. Opportunities like this are created only through time.
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* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.