Attention investors, land-bankers and developers! 5 flats on 1,409m² more or less section. Current rental is approx $102,000p.a, fully tenanted. It is Residential - Terrace Housing and Apartment Building Zone. The property offers: 1x3 bedrooms flat; 1x2 bedrooms flat; and 3x1 bedroom + study or use as a second bedroom.
In a handy location, walk to Papatoetoe train station and Papatoetoe West School. Minutes to Hunter's Plaza and motorway access. There is also loads of potential to add value by doing some cosmetic renovations. Whether you are looking for a good investment with potentials, lank-bank or develop, this one is hard to let it pass you by.
To download the property files please copy and paste the link below http://www.propertyfiles.co.nz/764956