Property listing ID: 934881
Held by the same owner for more than 20 years, these properties must now be sold due to changing circumstances, creating an outstanding opportunity for investors, developers and land-bankers to secure a rare multi-property package in the heart of Mangere East. Opportunities like this are extremely hard to find. 29, 29A & 29B Ferguson Road offer three standalone freehold properties side-by-side. A powerful investment combination delivering immediate cash flow, future upside and long-term growth potential in one of South Auckland’s consistently high-demand rental locations. Whether you choose to purchase one, two or secure all three, the flexibility here is unmatched. With multiple income streams already in place, these properties provide reliable rental returns from day one while reducing vacancy risk across the portfolio. Existing tenants add even more appeal for savvy investors seeking instant holding income. This is a prime chance to add value, increase rental returns over time, landbank for the future or explore development potential (subject to council approval). Large land holdings in established locations like this are becoming increasingly rare especially with motivated vendors committed to selling. The owners need these sold ASAP and opportunities of this scale do not stay on the market for long. Act quickly and contact us today for more information.
Listed by Barfoot & Thompson , Rahul Khanna (Papatoetoe)