20 Park Avenue, Ellerslie, Auckland 1051, New Zealand
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ADDED ON Sep 04, 2025
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Property Introduction
2 Bed Dual-Key Investment Income & Flexibility
A rare opportunity in the popular LQ Ellerslie – this dual-key apartment offers two self-contained units under one title: a one-bedroom apartment and a separate studio, complete with one secure car park.
Live in one and rent the other, rent both long-term, or explore short-stay/Airbnb potential – the flexibility here is unmatched. Positioned on Level 6, both apartments enjoy modern finishes, tiled bathrooms, and great natural light. A true set-and-forget investment or smart home base with income.
• Dual-key setup: 1-bedroom + studio apartment
• 1 secure car park included
• Separate entrances, bathrooms, and kitchenettes
• On-site gym and rooftop terrace
• 4 Min walk to train, shops, and Ellerslie village
Outgoings (approx.):
• Body Corporate: $4,029 p.a.
• Council Rates: $3073 p.a.
• Rental Appraisal: $1000 - $1085 pw - made up of $570–$605 (1-bed) + $430–$480 (studio) per week
• CV 2024 $890,000
Split-income properties like this are extremely popular with investors for their dual-stream cash flow and long-term versatility.
Vacant and available for immediate inspection.
Images are of actual apartment and have been virtually staged.