Home with Benefits

Property listing ID: 775886

Bedrooms
5
Bathrooms
3
Covered parks
8
Off-street parking
8
Land area
1368m²
Price / method
Sold July 2019 for $1,095,000

1, 2, 3 / 158 Tui Rd (Why ONE when you can have THREE) A rare opportunity exists here for the astute investors, developers and owner occupiers to purchase this block of 5 bedrooms investment units on a large 1368m2 freehold site in a central handy location. With location paramount, close to Motorway exits, Westfield shopping centre, and a short walk to public transport, Papatoetoe High School and within minutes drive to Hunters Plaza - this is an investment worth considering. There are loads of options here on this gorgeous 1368m2 section with possible subdivision potential (subject to council approval) - The property comprises of 3 Homes, the main residence being a 3 bedroom plus self contained 2x1 bedroom - Explore your imagination in connection with your architect/builder/council to build/add/subdivide this seriously top location property. Currently tenanted with a return about $52,000p.a. Each unit is in tidy condition with carport and also extra off street parking. There is a small rear garden where each tenant can have their own private outdoor area. BUT WAIT... there is more!!! Check out options for future development High density development (subject to council approval) Residential - Mixed Housing Urban Zone or land bank. - An absolute rarity. 'Enquire Now' Call for a private viewing or visit our open home.

Listed by Barfoot & Thompson , Rajiv Kumar (Flat Bush) , Jagjit Dhaliwal (Otahuhu)