Historic Home for Restoration or Significant Rental Income
This very interesting, historic Auckland home appears on page 60 of the collectors’ book “Coolangatta A Homage”, which traces the history of many of Remuera and Epsom’s most significant homes. Known as the Kidd House, it was designed by Fripp & Goldsbro in the 1890s.
Today, the house sits on 1044m² of land, and is presently configured as three flats, with the main part of the house retaining many of its original architectural features. Rental income is just under $84,000 a year.
For new owners, options abound; the home could be restored to its full glory and used as a large family residence, the main part of the house could be restored and the basement apartment kept as rental income, or the property could remain as three flats and be held as an investment.
Located right by Newmarket, in easy walking distance of the key grammar schools, with motorway access north and south just nearby, the value of this property should only improve.
74 Gillies Avenue is seriously for sale at $1,995,000. Our vendors have relocated to the United Kingdom. Be quick, this property will not last on the market for long!
|Location:||74 Gillies Avenue, Epsom|
|Rooms:||6 bedrooms, 3 bathrooms|