The first time on the market in 40 years! 3 units on a big piece of land (1,151 sqm more or less), with further development potentials.
These units, being North-East facing and perfectly positioned in walking distance to the Hunters Plaza. Zoned Central Primary, Papatoetoe Intermediate, and Papatoetoe High. Easy access and only minutes on to motorway North/South.
- Unit 1&2 are 2 bedrooms self-contained units with their own carport and storage. - Unit 3 is a 3 bedroom self-contained unit with garage. - Insulation of the ceiling has been done.
The fully legitimate status of those unless will give you peace of mind in receiving the rental incomes! All you need is a down-to-earth view of long term rental properties and a bit vision of what if I could have this or that done.... Tenants have been enjoying here for a while, on lower rent ($420 + $390 + $390 = $1,200 includes water in total per week) and the market rental appraisal is $1350 base on the current conditions. The rent can be easily improved with some tidy-up job on the property!
The construction is solid as, being concrete tile roof and mostly brick walls, aluminum window joinery. Great opportunity for extended families and long term investors.
Don't miss out this rare opportunity! See you at Open Home Wed 5-5:30pm, Sat and Sun Sat 3-3:45pm!