14 Marr Road

Manurewa Auckland

263 m²

1045 m²

House

Currently for sale - view listing

Overview

Income Today. Upside Tomorrow

A Serious Investment with Income & Upside Opportunities offering this combination of existing rental income, multiple dwellings and future potential are increasingly hard to find. Set across a substantial 1,045m2 site, 14 Marr Road comprises three freestanding homes, two four-bedroom homes and one three-bedroom home, currently generating a combined rental income of approximately $102,000 per annum. All three properties are Healthy Homes compliant, providing investors with an established income stream from day one. For those looking beyond the current return, this is where the opportunity becomes particularly interesting. Zoned Mixed Housing Urban, the generous landholding may offer potential for further development, subject to the usual council approvals. There's also an exciting opportunity here for extended families looking to secure their future together. With three individual homes, multiple generations can live side by side while maintaining their own space, independence and lifestyle. Investment Highlights • Three freestanding homes on one property • Approximately $102,000 p.a. combined rental income • All three homes Healthy Homes compliant • Substantial 1,045m2 landholding • Mixed Housing Urban zoning • Potential to improve and increase the existing rental return • Future development potential, subject to council approval Whether your strategy is to hold and collect the income, improve the existing returns, landbank for the future, or investigate further development, 14 Marr Road presents a compelling opportunity with options.