Located in the vibrant heart of Otahuhu, this exceptional property offers a rare chance to secure a prime investment with endless possibilities. Comprising six one-bedroom, one-bathroom flats on a generous 675sqm section, this site is a proven cash cow, generating steady income from long-term tenants. With three units already renovated, there's an opportunity to upgrade the remaining flats, further boosting your rental returns.
The property’s Business Mixed Use zoning opens the door to a range of development and commercial opportunities. Whether you envision maximizing the existing residential setup, adding more units, or exploring a full redevelopment, the substantial section provides the perfect foundation for future growth (subject to council approval). Additionally, the strategic location, just minutes from the bustling Otahuhu Shopping Centre, motorway access, and train station, enhances its appeal for those looking to establish or expand a commercial presence in this thriving suburb.
Don’t miss out on this unique opportunity to add a high-performing asset to your portfolio, embark on a new development project, or tap into the commercial potential of this prime location.
Contact the team today to arrange a viewing and explore the possibilities that await.
