Home & Income and Development Opportunity - 3 Bernard Street, Papatoetoe

Discover the perfect mix of income, potential, and location!
Sitting on a freehold 830sqm (more or less) flat section, this home and income property offers solid rental returns today and serious development potential for tomorrow.

Property Features:

3 Bernard Street - 3 bedrooms, 1 bathroom, currently rented at $680 per week (fixed-term)

3A Bernard Street - 2 bedrooms, 1 bathroom, currently rented at $620 per week (fixed-term)

Total rental income: $1,300 per week (approx.)

Freehold 830sqm (more or less) flat section

Two separate dwellings, each metered and rented independently

Development Opportunity:
Combine 3 Bernard Street with 5 Bernard Street next door and unlock a fantastic development opportunity!
Together, the sites come with:

Resource Consent (RC)
Engineering Plan Approval (EPA)
Approved plans for 12 townhouses

Development plans available on request.
Buy one or buy them both - the choice is yours!

Location Highlights:

Sought-after Papatoetoe location
In Papatoetoe High School zone and close to other quality schools
Handy to shops, public transport, and motorway access
Strong rental demand area

Whether you're an investor, developer, or land banker, this property ticks all the boxes - strong income, large land size, and approved development upside.

Vendors are GST registered for this property.

Don't miss this one! Contact Aj Hendry today for more information or to arrange a viewing.

For sale by Auction (unless sold prior), 12pm Wednesday 03 December 2025, In Rooms at Ray White, 15 Beach Road, Papakura