106 Hillside Road, Papatoetoe NZ
Auction (unless sold prior)
Auction: Wednesday 25th May at 4:00pm (Unless Sold Prior)
This superb home and income property sits on a large section in the heart of Papatoetoe.
Two tidy homes which could either be used as the ultimate ‘home and income’ solution, or as a great addition to your investment portfolio. Combine your deposit and lending power with a friend or family member and make the most of this opportunity!
The original home, built in 1967 and tastefully modernized over time, features three bedrooms, a tidy bathroom, and a large kitchen, and is currently rented at $650 per week.
The immaculate rear dwelling (CCC Issued in 1997) boasts two spacious bedrooms, a well-appointed living area and contemporary kitchen as well as a family bathroom.
This dwelling is currently rented at $490 per week. That’s a combined annual rental income of $59,280! There are separate water and power meters for each dwelling.
The site comprises of 713m2 freehold land. The grounds are tidy and provide ample room for the kids (and the pets, of course!) to frolic without necessitating endless hours of upkeep, while double garaging attached to the original home is the icing on the cake.
The location really couldn’t be more convenient. Papatoetoe train station is just down the road, making the commute into Auckland an absolute breeze, while the nearby Papatoetoe town center means every amenity you could ever need is close at hand.
The vendors have cherished their time owning this fantastic property their circumstances mean a change is essential and a sale on, if not before, auction day is inevitable.