Property listing ID: 940540
12 UNITS • $340K+ APPROX. ANNUAL RENT • 2,240m² OF LAND This is not your everyday investment property - this is a SERIOUS INCOME-PRODUCING ASSET sitting on a substantial parcel of land in one of South Auckland’s most established locations. • 12 × 2-BEDROOM UNITS • Approx. $340,350 RENT COLLECTED PER YEAR • Massive 2,240m² LANDHOLDING BIG LAND. BIG INCOME. BIG OPPORTUNITY. Whether you're looking for strong cash flow today or a strategic land bank for tomorrow, this property offers a combination that is increasingly hard to find. • 12 individual 2-bedroom units • Approx. $6,545 rental income per week • Approx. $340,350 rental income per annum • Significant 2,240m² landholding • Multiple rental income streams • Outstanding long-term land-bank opportunity • Walking distance to Papatoetoe Train Station • Short drive to Middlemore Hospital • Right in the heart of Papatoetoe ATTENTION SERIOUS PROPERTY INVESTORS! Why settle for one rental when you can secure 12 income-producing units on one substantial Papatoetoe landholding? BUY THE LAND. COLLECT THE RENT. HOLD FOR THE FUTURE. Opportunities combining this level of income + this much land + this location don't come to market every day. Contact us today for full property information and viewing details.
Listed by Barfoot & Thompson , Girish Verma (Papatoetoe) , Amit Kumar (Papatoetoe)