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1 to 6/57A Wallace Road, Papatoetoe, Manukau City

Block of 4 x 2 Bedrooms - Solid, Proven cashflow!

gavel

Auction

Multiple properties
Multiple properties
Bedroom
12
Bathroom
6
Covered park
6
On this page:

Open homes

Sunday
11:00am - 11:30am
14
Sep
Thursday
11:00am - 11:30am
18
Sep

Auction

Wednesday
12:30pm
In Rooms
24
Sep

Property details

Listing # HPV6279 | Listed on 19 August

Held in the same family for over 40 years, this is a truly rare chance to secure a full block of 6 x 2-bedroom units of approx. 59m2 per unit each with their own unit

Potentially returning $156k p/a plus (potential to increase) mainly very long-term tenants who would love to stay on. Unit 6 has just vacated which should increase this cashflow once re-tenanted

Mixed Housing Urban Zone and services onsite. A once every 40 years opportunity!

Easy Access to Southwestern Motorway (SH20) and Middlemore Hospital, Auckland Airport.
A High-demand rental area with excellent transport connections.

Zoned for popular local schools including Papatoetoe High School and Papatoetoe Intermediate. Papatoetoe South School only a 9 minute walk away.

Whether you're a family trust, savvy investor, or developer, this unique offering provides income, flexibility, and outstanding long-term upside.

Prime location a short walk to Papatoetoe shopping in St George Street, Train station, Buses, and local amenities.

A unique and limited opportunity to purchase the whole block with all the titles in one purchase.

Viewings: Thursday and Sunday at 11am

Opportunities like this are seldom available - act quickly.

Auction: Wednesday 24th September 2025 at 12.30pm, in rooms, Harcourts Property Ventures, G01/223D Green Lane West, Epsom (unless sold prior)

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Additional features

Other park
6 other parks
Rates
Rates: $13,532.46 per annum

Schools and childcare in the area

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