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Listing Description
Listed: Thu, 19 Mar
Dual Income Investment with Future Potential
2/40 Cheval Drive, Totara Vale, North Shore City, Auckland
Details
Other Features
| Attribute | Value |
|---|---|
| Property type | House |
| Parking | 1 Car Garage, 1 Car Off Street Parking |
| Agency reference | 929542 |
| Broadband in the area |
Description
A rare opportunity to secure a dual-income investment property in the highly sought-after Totara Vale suburb.
This cross-lease property comprises two separate dwellings, 40A and 40B both to be sold, Can be sold separately or together. Positioned on an approximately 672m² shared land area.
This property is 2-bedroom, 1-living layout, and both properties are currently tenanted, providing immediate rental income from day one.
Importantly, the property benefits from fully connected services, presenting potential future development or improvement opportunities (subject to council approval).
Key Features:
- Cross Lease ownership
- 2 bedroom, 1 living homes
- Services available on site
- Strong long-term holding property
Location Highlights:
- Popular Totara Vale residential suburb
- Easy access to motorways
- Minutes to Wairau Park commercial precinct
- Close to schools, public transport and amenities
- Proven high-demand rental area
This is an outstanding opportunity for investors, land-bank buyers or developers seeking income today with future upside tomorrow.
Open home times
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Local Schools
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.