Set on a 1,022 sqm freehold site in Mixed Housing Zone, this outstanding property presents a rare opportunity for developers, investors, and extended families alike. With wastewater services already on-site and stormwater conveniently located at the roadside, the property offers strong future development potential (subject to council approval).
Comprising a total of 7 bedrooms, 3 bathrooms, and 3 toilets across multiple dwellings, the layout is both versatile and income-generating. The main dwelling features 5 spacious bedrooms, a study, 2 bathrooms, and 2 toilets. A separate minor dwelling includes 2 bedrooms with its own bathroom and toilet. Also comes with a double garage and workshop.
Currently tenanted at $1600pw with solid rental income, this is a ready-made investment delivering returns from day one. Ample off-street parking for multiple vehicles adds further convenience for tenants and residents.
Conveniently located within walking distance to the train station for easy commuting and just minutes from Auckland Airport. Surrounded by shops, schools, and essential amenities, everything you need is within easy reach.
Opportunities like this are rare, so get in quick to secure a high-yield property with significant upside in a highly sought after Papatoetoe location. The vendor is highly motivated, and this property must be sold, so contact us now for more details and viewing times available. Call now!
* Conjunctionals welcome.
