


Listing Description
Triple Income Powerhouse – $122,720/Year Renta...
46 46A 46B Hillside Road, Papatoetoe, Manukau City, Auckland
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Parking | 2 Car Garage |
| Agency reference | 933779 |
| Broadband in the area |
Description
Auction: 62 Highbrook Drive, East Tamaki on Wednesday 27 May 2026 at 1:00PM (unless sold prior)
Serious investors, take note—opportunities like this don’t come around often. 46, 46A & 46B Hillside Road present a rare chance to secure three standalone, freehold properties on one line, delivering strong cash flow and long-term capital growth in a proven high-demand rental corridor.
Immediate, Reliable Income Returning approximately $122,720 per year combined rental income. This portfolio provides a solid, diversified income stream from day one. With three separate tenancies, you benefit from reduced risk—vacancy in one does not compromise the entire investment.
Built for Performance Each property offers:
- Spacious generous bedrooms (high tenant demand configuration)
- Multiple bathrooms for premium rental appeal
- Modern, low-maintenance finishes
- Fully Healthy Homes compliant—minimising future compliance costs
These are purpose-ready rentals designed to maximise occupancy and minimise ongoing expenditure.
Strategic Location = Consistent Demand Positioned within walking distance to Papatoetoe Train Station and minutes from Middlemore Hospital and Auckland Airport, this location attracts a steady pool of tenants including healthcare workers, airport staff, and commuters. Proximity to schools, retail, and motorway links further strengthens tenant retention.
Scale, Flexibility & Future Upside
- Purchase one, two, or all three to suit your investment strategy
- Potential for rental growth in a high-demand suburb
- Strong land banking opportunity with long-term development upside (subject to council approval)
- Multi-income stream enhances lending confidence and portfolio resilience
The Bottom Line High-yield assets, diversified income, and a blue-chip rental location—this is a turnkey investment with scale. Secure all three and unlock the full potential of a portfolio designed for both cash flow and capital growth.
Open home times
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Local Schools
IN ZONE Hillcrest Road
706 m
Contributing (Primary), State, 690 enrolled
IN ZONE Milan Road
823 m
Contributing (Primary), State, 582 enrolled
IN ZONE Portage Road
1.1 km
Secondary (Year 9-13) (Secondary), State, 1719 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.


















































