There are villas, and then there are Grand Villas — and this magnificent Home and Income Villa is truly in a class of its own.On the market for the first time in over thirty years and positioned on a sunny north-facing site, this beautifully renovated and immaculately presented villa has real street presence and timeless elegance.Comprising the main residence plus three additional flats (one one-bedroom apartment and two two-bedroom apartments), the property has provided a consistent and rewarding income stream for its fortunate owners over many years. An enchanting terrace welcomes you at the entrance, while a private Zen-inspired garden with water feature creates a peaceful retreat. To the rear, manicured terraced gardens unfold into a tranquil oasis in the heart of Parnell.The main residence beautifully retains its period charm while embracing modern comforts. Rich in character, it features original fireplaces, soaring pressed ceilings, and many carefully preserved details from its era, creating a warm and sophisticated family haven.The expansive separate lounge with gas fireplace is filled with natural light, while the ultimate kitchen and dining area are perfectly positioned to embrace the sunny north-facing aspect, opening to a covered veranda — the ideal place for morning coffee while enjoying views towards Rangitoto and the city skyline. There is also a substantial attic roof space offering additional storage potential.Accommodation includes three bedrooms, two with ensuites, three bathrooms, a large study with separate access, and parking for up to three cars. A further five car parks are allocated to the three flats. All flats have their own private entrance along with a separate courtyard or balcony.Zoned for Parnell School, Auckland Grammar School, and Epsom Girls Grammar School, the location is superb — just a short stroll to Parnell’s vibrant cafes and restaurants, public transport, the waterfront, Newmarket, the Auckland Domain, and the central business district.Our owners have already made their next move so this is a rare opportunity to secure an exceptional home and income property in one of Auckland’s most prestigious locations. Early viewing is highly recommended.Deadline sale: Closes on Thursday eighteenth June 2026 at four o’clock PM (unless sold prior)