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Barfoot & Thompson Flat Bush, (Licensed: REAA 2008)

101 Porchester Road, Papakura

Asking price $879,000

Listing Description

Listed: Thu, 11 Jun

$221,000 Below CV – Don't Miss This Opportunity!

101 Porchester Road, Papakura, Auckland

Details

  •   3 Beds
  •   1 Bath
  •   1 Living area
  •   706m² Land
Other Features
  •   1 Separate toilet
  •   1 Garage parking
AttributeValue
Property type
House
Parking
1 Car Garage
Agency reference
935829
Broadband in the areaFibre, ADSL, Satellite, Wireless

Description

Rental Income Today. Development Potential Tomorrow.

Opportunities like this don't come along often.

With a current CV of $1.1 million and an asking price of just $879,000, the vendors have made one thing clear: They are serious about selling. If you're an investor looking for value, this deserves your immediate attention.

Set on a substantial 706m² (more or less) freehold site in the high-growth corridor between Papakura and Takanini, this property offers the ideal combination of immediate cash flow and future upside.

The existing 3-bedroom home is currently returning $750 per week, providing reliable rental income from settlement while you plan your next move.

Whether you're an investor, developer or land banker, the real opportunity lies in what tomorrow could bring. With services available and development potential (subject to council approval), buyers may wish to explore options including retaining the existing home while adding additional dwellings or investigating a larger redevelopment project.

Why you'll love this investment:

  • CV: $1.1 Million
  • Asking Price: $879,000
  • 706m² (more or less) freehold site
  • Rental income of $750 per week
  • Potential development opportunity (subject to council approval)
  • Close to Takanini Town Centre, schools, public transport and motorway access.

Properties offering this level of value, income and future potential are becoming increasingly difficult to find.

The numbers stack up. The vendor is motivated. The opportunity is yours.

101 Porchester Road – Buy the income today and unlock the potential tomorrow.


Open home times

  • to

Property Files

Munish Bhatt

Discover more about this property.

Request the files from Munish.




Local Schools

  • IN ZONE

    49 Walters Road

    478 m

    Full Primary (Primary & Intermediate), State, 795 enrolled


  • IN ZONE

    Willis Road

    1.6 km

    Secondary (Year 9-13) (Secondary), State, 1251 enrolled


  • IN ZONE

    50 Settlement Road

    2 km

    Intermediate (Intermediate), State, 320 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.




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Agent's details

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Platinum Partner
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Barfoot & Thompson Flat Bush, (Licensed: REAA 2008)

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