A MONEY-MAKING MACHINE IN THE HEART OF PAPATOETOE
Listed 10 Sep
1-12/176 Shirley Road, Papatoetoe, Manukau City, Auckland
Price by negotiation
Details
- Toilets
- 6
- Parking
- 12 Car Carport
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless
A MONEY-MAKING MACHINE IN THE HEART OF PAPATOETOE
12 UNITS * $340K+ APPROX. ANNUAL RENT * 2,240m² OF LAND
This is not your everyday investment property - this is a SERIOUS INCOME-PRODUCING ASSET sitting on a substantial parcel of land in one of South Auckland’s most established locations.
- 12 × 2-BEDROOM UNITS
- Approx. $340,350 RENT COLLECTED PER YEAR
- Massive 2,240m² LANDHOLDING
BIG LAND. BIG INCOME. BIG OPPORTUNITY.
Whether you're looking for strong cash flow today or a strategic land bank for tomorrow, this property offers a combination that is increasingly hard to find.
- 12 individual 2-bedroom units
- Approx. $6,545 rental income per week
- Approx. $340,350 rental income per annum
- Significant 2,240m² landholding
- Multiple rental income streams
- Outstanding long-term land-bank opportunity
- Walking distance to Papatoetoe Train Station
- Short drive to Middlemore Hospital
- Right in the heart of Papatoetoe
ATTENTION SERIOUS PROPERTY INVESTORS!
Why settle for one rental when you can secure 12 income-producing units on one substantial Papatoetoe landholding?
BUY THE LAND. COLLECT THE RENT. HOLD FOR THE FUTURE.
Opportunities combining this level of income + this much land + this location don't come to market every day.
Contact us today for full property information and viewing details.
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Local Schools
- PAPATOETOE WEST SCHOOLHillcrest RoadRoll: 681
- PAPATOETOE INTERMEDIATE175 Motatau RoadRoll: 721
- PAPATOETOE HIGH SCHOOL19 Nicholson AvenueRoll: 1800
- LITTLE ONE'S GARDEN EARLY EDUCATION CENTRE82 McLean AveRoll: 36
- PAPATOETOE KIDS EARLY LEARNING CENTRE68 Station RoadRoll: 66
- BESTSTART CORONATION ROAD2 Coronation RoadRoll: 63
- OMANA KINDERGARTEN42 Omana RoadRoll: 32
- GO BANANAS CHILDCARE HARI CENTRE47 Kolmar RoadRoll: 61
- HOLY CROSS SCHOOL (PAPATOETOE)Carruth RoadRoll: 568
- PAPATOETOE NORTH SCHOOL25 Graeme AvenueRoll: 765
- PAPATOETOE CENTRAL SCHOOLGreat South RoadRoll: 939
- KEDGLEY INTERMEDIATEPortage RoadRoll: 743
- DE LA SALLE COLLEGE81 Gray AvenueRoll: 966
- AORERE COLLEGEPortage RoadRoll: 1706
- PAPATOETOE SOUTH SCHOOLMilan RoadRoll: 603
- KING'S COLLEGEGolf AvenueRoll: 1238
- MOANAROA SCHOOL54 Raglan StreetRoll: 359
- ST JOHN THE EVANGELIST CATHOLIC SCHOOL14B Otara RoadRoll: 200
- MĀNGERE EAST SCHOOL21 Yates RoadRoll: 571
- OTAHUHU COLLEGE74-78 Mangere RoadRoll: 1096
- SOUTHERN CROSS CAMPUS237 Buckland RoadRoll: 1671
Location info
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