This property offers a fantastic canvas for your next project, whether it's renovation, expansion, or new construction.
Existing Structure: A 3-bedroom home in front and a versatile sleepout at the back, currently generating a great rental income.
Prime Location: Strategically located near Papatoetoe North school, Aorere College, shopping centres, Middlemore Hospital, Airport and SH20, this home offers easy access to everything you need.
Growth Area: Located in an area with increasing property values and ongoing development projects, making it a smart investment.
Ample Parking Space Available: Say goodbye to parking woes with this property's abundance of parking space!
Investment Potential: This property presents a lucrative opportunity for investors looking to capitalize on the growing market. With its prime location and great rental income, you can explore various avenues for maximizing your return on investment.
Development Potential: Unlock the potential of this prime piece of land, ideal for development (Subject to council approval) or land banking.
Why Invest here?
- Proximity to SH1, public transport, schools, shopping centres.
- Lower Interest Rates: With interest rates coming down, now is the perfect time to secure a mortgage at a more favourable rate, making your investment more affordable.
- Rising Demand: As financing becomes more accessible, buyer demand is likely to increase, potentially boosting property values.
- Future Growth: The property is situated in a prime location close to SH1, public transport, schools, shopping centres. making it a smart long-term investment.
So, seize the chance to turn this diamond in the rough into a profitable investment. Schedule a viewing today or visit one of the open homes.