97 Rathgar Road

Henderson Auckland

875 m²

House

Currently for sale - view listing

Overview

Home & Income, Two Homes, One Title, Endless Gains

Dual-income potential investment property at 97 & 97A Rathgar Road, Henderson, with development potential. Nestled on a level 875m2 section zoned Mixed Housing Urban, this site not only ensures immediate returns but also holds promising prospects for future development. This property presents a unique proposition: a front-house weatherboard bungalow with three bedrooms and a separate double garage. The rear house brick and mixes and tile have three bedrooms plus one study with internal access to the garage, and provide ample parking with 3 off-street parks. Both properties are currently tenanted, and each property has separate water and power connections - well-suited for both immediate rental yield and longer-term investment. Boasting full tenancy in both homes, this property guarantees a substantial annual rental income. Its strategic positioning near schools, public transport, motorways, and shops enhances its appeal for extended families, those seeking a home and income arrangement, or astute rental investors. Secure a sound and rewarding investment in the heart of Henderson. Don't miss out on this fantastic opportunity. Contact Edward & Co. for a viewing or visit one of our open homes; you won't be disappointed.