Home and Income on 2053m² Prime Land returning $55,900pa

Property listing ID: 773073

Bedrooms
6
Bathrooms
2
Covered parks
10
Off-street parking
10
Land area
2053m²
Price / method
Sold September 2020 for $2,050,000

Offered for sale by very motivated vendors. Zoned - Mixed Housing Urban - includes two existing dwellings (a 4 bedroom, 2 living area - solid 1940's ex-state house. And a 2 bedroom, second dwelling, permitted as a Granny flat in 1996) located in the heart of Otahuhu East. Currently both the dwellings are tenanted for a total rent of $55,900 per annum. Do your subdivision investigation at the earliest, as properties like this are now rarely found. Other permitted activities for this zone include Daycare facilities for the young, or the elderly as long as they meet development controls. 200m to Otahuhu Intermediate, 700m to McAuley High School (A Catholic Girls School), and a 500m walk to the vibrant Otahuhu Shopping Centre, cafes and restaurants. Easy access to motorway on-ramp, and only a 30-minute drive to Auckland's CBD.

Listed by Barfoot & Thompson , Sameer Rajan (Mt Roskill)