16 Garrett Place, Otara

6 Bed

2 Bath

2 Lounge

CASH COW AND LAND BANK!

Claim this rare piece of real estate, Situated on a massive 2013m2 (mol), potentially sub-dividable, in a perfectly positioned quiet cul-de-sac. This property will not last long. Just a short drive to MIT, Motorway, Manukau city Shopping Mall and Botany Town Centre.

This property will be ideal for:
- A savvy buyer who wants to live in and rent pays the bank's mortgage - An investor looking for a cash cow and land bank. Rental appraisal is $900-950/pw.
- Developers - Great potential for development
- An extended family - Live comfortably with your parents/siblings

The original 1960's 3 bedroom house offers a large lounge, modern kitchen, big dining and kitchen. Located right next to the original is the extension building, built in 2015. This home offers 3 bedrooms, and lounge modern bathroom with its own entry.

Property information:
CV: $710,000 in 2017
Floor area: 199 sqm (mol)
Land area: 2013 sqm (mol)
Zoning: Mix-Housing Urban

Vendors are motivated and will meet the market! Come and explore your options. This hot property demands your immediate attention!

Ailsa Zou

021 866 448

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