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1/40 Cheval Dr

Totara Vale Auckland

2
1
2
House
Currently for sale - view listing

Overview

Dual Income Investment with Future Potential

A rare opportunity to secure a dual-income investment property in the highly sought-after Totara Vale suburb. This cross-lease property comprises two separate dwellings, 40A and 40B both to be sold, Can be sold separately or together. Positioned on an approximately 672m² shared land area. This property is 2-bedroom, 1-living layout, and both properties are currently tenanted, providing immediate rental income from day one. Importantly, the property benefits from fully connected services, presenting potential future development or improvement opportunities (subject to council approval). Key Features: • Cross Lease ownership • 2 bedroom, 1 living homes • Services available on site • Strong long-term holding property Location Highlights: • Popular Totara Vale residential suburb • Easy access to motorways • Minutes to Wairau Park commercial precinct • Close to schools, public transport and amenities • Proven high-demand rental area This is an outstanding opportunity for investors, land-bank buyers or developers seeking income today with future upside tomorrow.

Features

2 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
House

Property history for 1/40 Cheval Dr

2019
Sold
$595,000
08 Mar 2019 by Ian Watson, of Arizto

Happy sellers in Totara Vale

76%
76% of sellers in Totara Vale reported that their sale price either exceeded or met their price expectations.

Totara Vale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 50 reviews in Totara Vale over the last 12 months.

Local market activity for 2 bedroom houses in Totara Vale

In the last 12 months, 6 two-bedroom houses similar to 1/40 Cheval Dr, have been sold.

This represents a 50% decrease in two-bedroom houses sales when compared to the previous 12 months.

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