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1/58 Wallace Road,
Papatoetoe, Manukau City

4 bedrooms
2 bathrooms
1 car space
140m² building size
House

NZD 940,000


Property details

Opportunity Knocks - don't miss out!

This is an outstanding opportunity and you have so many options here. The Banks will surely love lending on this income-producing property, in such a central location.

The original house is split into 2 x 2 bedroom dwellings. The back 2 bedroom has a single internal access garage and it has excellent flow from the main lounge out to a generous size backyard. The bathroom with bath has also been renovated and the cooking and hot water are on gas. The heat pump was installed only a few years ago.

The front 2 bedroom dwelling has also been modernised and it comes with a single carport. The bathroom has also been renovated and the cooking and hot water are on gas. The heat pump was installed only a few years ago.

The owners are moving on. Given the excellent location by Old Papatoetoe town centre, near cafes, restaurants, shops, public beaches, public library, and motorways, Auckland international airport and its caters to a range of lifestyle choices, the property ensures broad appeal to families of different ages and stages.

Both the dwellings are currently tenanted and returning$850 a week. It is an excellent opportunity for astute investors looking for affordable investments to add to their portfolios. With a realistic vendor, do not overlook this investment.

Explore the area


School catchments

  • Holy Cross School (Papatoetoe) Full primary Years 1-8 State integrated 0.56km
  • Papatoetoe South School Primary Years 1-6 State 0.68km
  • Papatoetoe West School Primary Years 1-6 State 0.75km
  • Puhinui School Primary Years 1-6 State 1.0km
  • Papatoetoe Central School Primary Years 1-6 State 1.3km

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.


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