Chattels

Stove
Extractor Fan
Light Fittings
Floor Covers
Curtains
TV Aerial

1 Day Till Auction! -SELLING!

THE OWNERS ARE MOVING OUT AND THIS NEEDS TO BE SOLD! CALLING INVESTORS AND LANDBANKERS.

A rare and attractive property, perfect for investors and land bankers. There are five flats one one title. Each flat has 2 spacious bedrooms and one functional bathroom, along with a private living room and kitchen. Each flat is 100sqm in size! This property checks all the boxes with a large section size of 1,512 square metres and a short drive to Sylvia Park Shopping Centre. Long-term tenants are in each of the units.

Features
• 5 X 2 Bedrooms
• 500 m2 of floor area (each is 100sqm)
• Freehold 1,512 m2
• 5 x own separate power and water connection
• Rent Appraisal: $500 - $550 per unit per week. (Rent Appraisal up to $143,000 per year)
• Potential to subdivide or crosslease
• Residential-Terrace Housing and Apartment Building Zone
• Minutes drive shops, schools, Sylvia Park Shopping Centre, Pak n Save
• 8 minutes drive to Middlemore Hospital.
• School Zones Otahuhu College, Otahuhu Intermediate and Otahuhu School.

Each unit has its own separate power and water connection. Options to subdivide the property or create five cross-lease titles

AUCTION: 28th of November 2023 1:00 pm (Unless sold prior) at 603 Great South Road, Manukau - Ray White Manukau Offices

Disclaimer -This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Explore the area

School catchments

Otahuhu School Primary Years 1-6 State 0.72km
Otahuhu Intermediate Intermediate Years 7-8 State 0.79km
Pacific Advance Secondary School Secondary Years 9-15 State 0.81km
McAuley High School Secondary Years 9-15 State integrated 1.2km
St Joseph's School (Otahuhu) Full primary Years 1-8 State integrated 1.3km
Fairburn School Primary Years 1-6 State 1.6km
Panama Road School Full primary Years 1-8 State 1.8km
Otahuhu College Secondary Years 9-15 State 1.9km
Wymondley Road School Primary Years 1-6 State 2.3km
Sylvia Park School Full primary Years 1-8 State 2.6km
King's College Secondary Years 9-15 Private 2.6km
Sutton Park School Full primary Years 1-8 State 2.7km
Papatoetoe Intermediate Intermediate Years 7-8 State 3.2km
De La Salle College Secondary Years 7-15 State integrated 3.2km
Anchorage Park School Primary Years 1-6 State 3.2km
Bailey Road School Full primary Years 1-8 State 3.2km
Riverina School Primary Years 1-6 State 3.3km
Māngere East School Full primary Years 1-8 State 3.3km
Favona School Primary Years 1-6 State 3.4km
Edgewater College Secondary Years 9-15 State 3.6km
Bairds Mainfreight Primary School Primary Years 1-6 State 3.6km
Southern Cross Campus Composite Years 1-15 State 3.6km
Sir Edmund Hillary Collegiate Senior School Secondary Years 9-15 State 3.7km
Te Kura Māori o Ngā Tapuwae Composite Years 1-15 State 3.8km
Atea College Composite Years 1-15 Private 4.2km
Saint Kentigern College Secondary Years 7-15 Private 4.4km
Auckland Montessori College Secondary Years 7-15 Private 4.4km
OneSchool Global - New Zealand Composite Years 1-15 Private 4.7km
One Tree Hill College Secondary Years 9-15 State 4.7km
TKKM o Mangere Composite Years 1-15 State 4.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.