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12 Franklin Avenue,
Papatoetoe, Manukau City

6 bedrooms
2 bathrooms
1,012m² land size
170m² building size
House

NZD 1,560,000


Property details

Chattels

  • Stove

Two Homes, 1012sqm & $1000+ Per Week

Auction Thursday 27th January 2022 4pm, In rooms at 66 Great South Road, Papatoetoe (unless sold prior)

Stunning for the savvy and cunning investor where you can collect $1000+ per week in rent while arranging consent to develop the 1012sqm MHS zoned section.

Currently accommodating two three-bedroom standalone dwellings set on a single title for subdivision simplicity with services at the gate and side-driveway for ease of access. Both houses are currently tenanted with the front dwelling returning $600 per week and the smaller dwelling to the rear $480 per week.

Ideal for banking or building with regulations enabling new construction up to two storeys high in a location already seeing a proliferation of contemporary, mid-high-level accommodation.

Central to motorways, malls, eateries and markets plus a five-minute drive to the train station will ensure any new build will attract attention from a broad buyer demographic from professionals, families and retirees.

A development opportunity in a bustling location that's just started cranking for building or land banking on up-and-coming Franklin - call David 027 324 2038 for inspection arrangements.

Explore the area


School catchments

  • Papatoetoe North School Primary Years 1-6 State 0.32km
  • Kedgley Intermediate Intermediate Years 7-8 State 0.58km
  • Moanaroa School Primary Years 1-6 State 0.96km
  • Papatoetoe West School Primary Years 1-6 State 1.1km
  • Māngere East School Full primary Years 1-8 State 1.5km

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

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


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