7 Vernon Street, Papakura

$2,190,000

7 Bed
3 Bath
7 Garaging

Multiple Income stream/ Mixed-Use Business zone/1012m² land


This was renting at $1700 per week (88,400 per annum) but now half the building is vacant due to it being on the market ready to sell and pass on to the next savvy investor

Options:
If you have a unique business setup, residential development, or looking at land banking with big cashflow you must look into this
Next door is a church, a landscaping business, and behind this is a completed residential development

Location:
We are sitting right next to the town center within walking distance of the train station. We are also just down the road from the new development in Takanini which is becoming more popular and a hub within itself

Total land area 1012m2
Total Building area 540m2

Multiple Income streams:
7 & 7A Vernon street was bringing in $1050 per week
Main building
7 rooms, 3 bathrooms, kitchen, and kitchenette, 2 lounge areas private decks, separate driveways

Storage sheds
(Please note tenants have been here long term, rents are due to be increased)

Shed 1 Rent $122 per week
Shed 2 Rent $122 per week
Shed 3&4 (currently vacant)
Shed 5 Rent $75 per week
Shed 6 Rent $55 per week
Shed 7 Rent $55 per week

A very rare opportunity not to be missed, my clients will be selling so please contact me for a viewing

Property details

Location:
7 Vernon Street, Papakura
Property type:
House
Land area:
1012 m²
Bedrooms:
7
Bathrooms:
3
Garaging:
7
Property ID:
832771
Title(s), LIM - Land Information Memorandum

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • Cosgrove School1.4 km
  • Kelvin Road School1.4 km
  • Edmund Hillary School1.4 km
  • St Mary's Catholic School (Papakura)1.4 km
  • Papakura Normal School1.5 km
  • Opaheke School1.7 km
  • Kereru Park Campus1.7 km
  • Kauri Flats School1.8 km
  • Rosehill School1.9 km
  • Rosehill College2.0 km
{{noZoneExtraVisible ? "Hide" : ""}} 5 more schools

Documents for 7 Vernon Street, Papakura

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