46B Hillside Road

Papatoetoe Auckland

House

Currently for sale - view listing

Overview

Triple Income Powerhouse – $122,720/Year Renta...

Auction: 62 Highbrook Drive, East Tamaki on Wednesday 13 May 2026 at 1:00PM (unless sold prior) Serious investors, take note—opportunities like this don’t come around often. 46, 46A & 46B Hillside Road present a rare chance to secure three standalone, freehold properties on one line, delivering strong cash flow and long-term capital growth in a proven high-demand rental corridor. Immediate, Reliable Income Returning approximately $122,720 per year combined rental income. This portfolio provides a solid, diversified income stream from day one. With three separate tenancies, you benefit from reduced risk—vacancy in one does not compromise the entire investment. Built for Performance Each property offers: • Spacious generous bedrooms (high tenant demand configuration) • Multiple bathrooms for premium rental appeal • Modern, low-maintenance finishes • Fully Healthy Homes compliant—minimising future compliance costs These are purpose-ready rentals designed to maximise occupancy and minimise ongoing expenditure. Strategic Location = Consistent Demand Positioned within walking distance to Papatoetoe Train Station and minutes from Middlemore Hospital and Auckland Airport, this location attracts a steady pool of tenants including healthcare workers, airport staff, and commuters. Proximity to schools, retail, and motorway links further strengthens tenant retention. Scale, Flexibility & Future Upside • Purchase one, two, or all three to suit your investment strategy • Potential for rental growth in a high-demand suburb • Strong land banking opportunity with long-term development upside (subject to council approval) • Multi-income stream enhances lending confidence and portfolio resilience The Bottom Line High-yield assets, diversified income, and a blue-chip rental location—this is a turnkey investment with scale. Secure all three and unlock the full potential of a portfolio designed for both cash flow and capital growth.