Back 53 East Street
Off Market

53 East Street

Papakura Auckland

20
10
20
1044 m²
2023 m²
Block of units
Darren BradyDarren Brady, last sold this property on 07 December 2020 after 19 days on market.

Overview

One of Papakura’s Most Iconic Investments

Auction Location: In Rooms - Harveys Papakura, Corner Wellington Street & Great South Road, Papakura. First time offered; this well-located property is set on 2023m2 of Papakura's finest land (Mixed Housing Suburban). Built by an old-fashioned craftsman, these timeless flats have been not only been built right, they have been modernised and well maintained and they are Healthy Homes compliant. The 10 x two bedroom flats are spacious, light and bright and are extremely liveable, hence some of the tenants having been in situ for 20 plus years. Four of the flats enjoy garages whilst the balance have carports and storerooms for tenant convenience as well as being situated on the town's edge with its shops, bus and train station just a short stroll away. The site itself has further subdivisional potential to build more accommodation in order to increase the already substantial yield. Obviously under rented at $3,540.00 per week, this property has the X Factor that everyone is looking for. You must inspect these flats to truly appreciate the opportunity that exists here so don't hesitate. Limited viewing time to respect the tenant's rights to peaceful enjoyment, so please avail yourself of the prescribed open times. Call or text us for a detailed Information Memorandum. Auction - 8th December 2020 at 6.00pm In Rooms – Harveys Papakura, Corner Wellington Street & Great South Road, Papakura

Features

20 bedrooms
10 bathrooms
20 carspaces
1044 m² floor area
2023 m² lot size
Block of units

Estimated Value

We need at least 3 similar 20 bedroom block of units sold in Papakura over the last 12 months.

Property history for 53 East Street

2020
Sold
Undisclosed
07 Dec 2020 by Darren Brady, of LJ Hooker Southern Partners

Happy sellers in Papakura

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

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

This is based on voluntary sentiment collected from 221 reviews in Papakura over the last 12 months.

Local market activity for 20 bedroom block of units in Papakura

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