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Listing Description
Listed: Fri, 10 Oct
Exceptional Investment Opportunity
90A Wallace Road, Papatoetoe, Manukau City, Auckland
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Parking | 6 Car Carport |
| Agency reference | 920884 |
| Broadband in the area |
Description
Tightly held by the same owner for over 50 years, this is an investment opportunity you won't want to miss. Rarely does a property of this caliber become available - a freehold block comprising six solid, brick and tile 2-bedroom units, all set on a generous 1,593m² (more or less) level site, zoned Mixed Housing Suburban. This is a chance to secure a proven, income-generating asset creating holding income.
Property Highlights
- 1,593m² (more or less) level site, zoned Mixed Housing Suburban
- 6x 2-Bedroom Units - Highly appealing to a wide tenant market
- 6x Dedicated Carports - Secure off-street parking for every residence
- Additional off-street parking for tenants and guests
- Fully tenanted and compliant with Healthy Homes standards
- Strong and consistent rental return approximately $158,000 per annum
Prime Location Advantages
- New World Supermarket and local shops just a flat stroll away
- Quick, easy access to Manukau City Centre, the airport, and key arterial routes
- Seamless connections to public transport and major motorways
Viewing by Appointment - Contact John Howard today.
Open home times
No times scheduled
Property Files

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Agent's details

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Platinum Partner
Learn MoreBarfoot & Thompson Parnell, (Licensed: REAA 2008)
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