A rare opportunity to secure a Home and Income property on a generous 819m² (more or less) site. Featuring two fully self-contained dwellings, this versatile property is ideal for investors, extended families, or owner-occupiers seeking additional income. With reliable tenants already in place and scope to add value or explore future development opportunities (subject to Council approval), this is an investment that offers both immediate income and long-term potential.
Property Features:
Front Home
• Spacious one-bedroom home
• Separate kitchen
• Separate lounge
• One bathroom
• Separate laundry
Rear Home
• Two generous bedrooms
• Nearly new modern kitchen
• Shower room
• Separate toilet
• Separate laundry
Both homes are currently tenanted by reliable tenants who would love to stay, making this a ready-made investment from day one.
Strong Rental Income.
The property currently generates a gross rental income of approximately $52,000 per annum, with water charges currently paid by the owner.
A Smart Investment with Plenty of Options
Whether you're looking to:
• Live in one home and rent out the other;
• Secure a dual-income investment with immediate cash flow;
• Add value through light cosmetic improvements; or
• Landbank with future development potential under the Mixed Housing Suburban Zone (subject to Council approval), this property offers exceptional flexibility and long-term potential.
Convenient Location
Ideally located close to shops, local amenities, and motorway access, this property enjoys broad appeal for both homeowners and tenants alike.
Opportunities like this on sizeable sections are becoming increasingly rare. With the vendors genuinely motivated to sell, this is an opportunity you won't want to miss.
Contact us today for more information or to arrange your viewing.
Disclaimer:
Planning: Proposed Plan Change 120 may change planning controls in this area (including natural-hazard and building-height rules). Some hazard provisions have immediate legal effect. Buyers should review the Auckland Council viewer and seek independent legal and planning advice.
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