Dual-Income Opportunity - Live In, Invest or Land Bank
Positioned in the heart of Te Atatu Peninsula, 40 Beach Road offers a rare combination of flexibility, income, and future potential.
Featuring a well-presented main home plus a legal studio at the rear, this property currently generates a combined rental income of $1,220 per week (including water), making it an ideal option for investors, extended families, or buyers looking to live in one dwelling and rent out the other.
Key Features:
Main dwelling plus legal studio
Combined rental return of $1,220 per week
Live in one and rent the other
Perfect for investors, land bankers, and multi-generational families
Sought-after Te Atatu Peninsula location.
Investor & Development Potential:
For astute investors and developers, this property presents an exciting opportunity. Zoned Terrace Housing and Apartment Buildings (THAB), it offers excellent long-term development potential (subject to the appropriate approvals). With easy access to both public wastewater and stormwater infrastructure, the site is well-positioned for future intensification. The opportunity becomes even more compelling with the neighbouring property at 38 Beach Road also available for purchase, providing the potential to secure a larger combined landholding for a more substantial development project.
A versatile property offering immediate rental income, flexible living arrangements, and outstanding future upside in one of Te Atatu Peninsula's most sought-after locations.
Viewings are by appointment only. Contact us today to arrange your private inspection or to request further information.
Disclaimer: The marketing photographs used in this advertisement were taken prior to the property being tenanted. As the property is currently occupied, its presentation and condition may differ slightly from what is shown in the photographs. We encourage all prospective purchasers to inspect the property in person to satisfy themselves as to its current condition.
assignmentLooking for more information on 40 Beach Road?
Explore comparables, sales history and growth for this property.
