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Sitting proudly above Williamson Ave, this majestic Bay Villa is ripe for renovation and the opportunity to add value is clear. Maintaining many of the original ornate features and the much loved heritage characteristics these villas are renowned for the possibilities for bringing this once-gracious old girl into the modern world without compromising her character, are abundantly clear. Currently configured with 4 bedrooms and 2 bathrooms it currently generates $1120 per week; and is no doubt a better place to park your money than the bank, you could expect to easily lift the rental return with some interior refurbishments or the rental could provide a substantial holding income whilst you prepare to renovate. Centrally located and In zone for Grey Lynn Primary School and Ponsonby Intermediate, you are in midst Grey Lynn shops, Western Park is only a short stroll away and Ponsonby Rd is still within walking distance. Don't delay with this one, book your private viewing today.