Situated in the heart of Pakuranga Heights, this legal home and income property on a 685m² (more or less) corner site presents a rare opportunity for investors, large families, or developers. With a fully renovated main house and a separate 2-bedroom legal minor dwelling, this property offers strong rental income, long-term potential, and excellent future development flexibility.
Main House – Spacious & Modern
- Upstairs: 3 bedrooms, a brand-new kitchen, renovated bathroom, separate toilet, and a bright living area.
- Downstairs: 3 additional bedrooms with a separate entrance, a second bathroom, a rumpus/living area, and a laundry.
- Triple carport attached to the main dwelling.
- Current rent: $830 per week (market rent potential: $1,000+ per week).
Legal Minor Dwelling – Secure Income
- Standalone 2-bedroom unit with a living area, kitchen, bathroom, and laundry
- Current rent: $500 per week.
- Garage next to the minor dwelling, currently used as storage.
Unbeatable Location & Development Potential
- Prime corner site, offering the potential to build multiple driveways, enhancing future subdivision possibilities.
- Wastewater on-site & stormwater access nearby – a developer’s dream.
- Conveniently close to motorways, Botany Town Centre, Pakuranga Plaza, and major transport upgrades (Eastern Busway & Reeves Road Flyover).
Solid Investment with Secure Tenancies
- Main house tenants (5+ years) – fixed tenancy until September 5, 2025.
- Stable minor dwelling tenants – keen to stay long-term.
- Total rental income: Over $1,300 per week, with high future potential.
A high-yield cash cow with capital growth and development upside – don’t miss out!
Contact today for an immediate viewing!
