12 UNITS • $340K+ APPROX. ANNUAL RENT • 2,240m² OF LAND
This is not your everyday investment property - this is a SERIOUS INCOME-PRODUCING ASSET sitting on a substantial parcel of land in one of South Auckland’s most established locations.
• 12 × 2-BEDROOM UNITS
• Approx. $340,350 RENT COLLECTED PER YEAR
• Massive 2,240m² LANDHOLDING
BIG LAND. BIG INCOME. BIG OPPORTUNITY.
Whether you're looking for strong cash flow today or a strategic land bank for tomorrow, this property offers a combination that is increasingly hard to find.
• 12 individual 2-bedroom units
• Approx. $6,545 rental income per week
• Approx. $340,350 rental income per annum
• Significant 2,240m² landholding
• Multiple rental income streams
• Outstanding long-term land-bank opportunity
• Walking distance to Papatoetoe Train Station
• Short drive to Middlemore Hospital
• Right in the heart of Papatoetoe
ATTENTION SERIOUS PROPERTY INVESTORS!
Why settle for one rental when you can secure 12 income-producing units on one substantial Papatoetoe landholding?
BUY THE LAND. COLLECT THE RENT. HOLD FOR THE FUTURE.
Opportunities combining this level of income + this much land + this location don't come to market every day.
Contact us today for full property information and viewing details.
Features
24 bedrooms
12 bathrooms
directions_car12 carspaces
directions_car12 carport spaces
cottageHouse
Happy sellers in Papatoetoe
82%
sentiment_satisfied
82% of sellers in Papatoetoe reported that their sale price either exceeded or met their price expectations.
Papatoetoe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 289 reviews in Papatoetoe over the last 12 months.
Local market activity for 24 bedroom houses in Papatoetoe
Sold
For Sale
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