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Listing Description
Listed: Thu, 23 Apr
Cashflow + Development Upside
16 Frobisher Way, Clendon Park, Manukau City, Auckland
Details
Other Features
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $800,000 |
| Parking | 1 garage spaces |
| Broadband in the area |
Description
Information Pack: https://vltre.co/KdDsxG
Unlock the potential of this well-positioned property in the heart of Clendon Park.
Set on a generous land parcel of 658 sqm, this home offers both immediate returns and future development possibilities.
Zoned Mixed Housing Suburban, this property presents an exciting opportunity for investors, developers, or land bankers.
The existing dwelling is currently tenanted, providing a strong rental income of $770 per week, making it an ideal turnkey investment with cash flow from day one.
Key Features:
Mixed Housing Suburban zoning - development potential Spacious landholding Reliable rental income: $770 per week Established location close to schools, shops, and transport Ideal for investors, developers, or families seeking future upside Whether you're looking to expand your portfolio, develop, or secure a home with long-term value, this property ticks all the boxes.
Don't miss this opportunity - properties with this combination of land, zoning, and income are in high demand.
Contact us today to arrange a viewing or for more information.
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Auckland Council (LIM) or Title documents. They have not been measured by the Salesperson or The WORX Real Estate / Real Estate Brokers Limited. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
Open home times
No times scheduled
Property Files
Discover more about this property.
Request the files from Cary.
Local Schools
IN ZONE 23 Burundi Avenue
200 m
Contributing (Primary), State, 534 enrolled
IN ZONE 44 Palmers Road
1.1 km
Intermediate (Intermediate), State, 251 enrolled
IN ZONE Dr Pickering Avenue
2.2 km
Secondary (Year 9-13) (Secondary), State, 1765 enrolled
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.
Cary Chong
WORX Real Estate Ltd
Property Partner
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