


Listing Description
Listed: Mon, 2 Dec
Rent & Profit - A True Cash Cow!
5 Magellan Place, Papatoetoe, Manukau City, Auckland
Asking price $1,199,000
Details
Other Features
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $1,025,000 |
Broadband in the area |
Description
Legal Home and Income - The main house and separate basement unit provide two streams of rental income, maximizing returns.
Zone : Residential-Mixed Housing Suburban Zone
Storm water Pipe : Within property boundary Waste water Pipe : Within property boundary Land size : 622m2 more or less
Main House Features: $750PW (including water )
- 3 spacious bedrooms plus Storage room for added convenience
- Separate bathroom and seperate toilet for comfort * Well-appointed kitchen
- Dining area with breathtaking scenic views
- Open conservatory for seamless indoor-outdoor living * Laundry area
- Private courtyard perfect for kids and pets * Double driveway with multiple parking spaces plus double garage . Separate Basement Unit Features: $450PW (including water )
- 1 double bedroom plus rumpus room
- Full bathroom
- Kitchenette for self-sufficiency
- Living and dining area
- Laundry area
- Private courtyard Key Investment Highlights:
- Total rental income: $1,200pw
- Separate power supply for both
- Dual-occupancy design maximizes rental income .
- Scenic views and private outdoor spaces enhance livability
- Dual Driveway for parking plus freestanding double garage
Open home times
No times scheduled
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Agent's details

Sudesh Kumar
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Emerald Realty, (Licensed: REAA 2008)
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