Residential
More from realestate.co.nz:
Agents News

11 Ngaio Street, Otahuhu, Auckland City

Dual Income with Development Potential!

gavel

Auction

House
House
Bedroom
3
Bathroom
2
Floor area
140m2
Land area
658m2
On this page:

Open homes

Sunday
2:15pm - 3:00pm
16
Nov
Saturday
2:15pm - 3:00pm
22
Nov

Auction

Wednesday
6:00pm
507 Great South Rd Otahuhu
03
Dec

Property details

Listing # L37565829 | Listed on 6 November

This character bungalow sitting Just a 50 meters from Great south Rd Otahuhu.

Converted in the 1960's into 2 fully self-contained flats, for some this will be the ideal retirement scheme, a home & income to supplement your mortgage payments, a perfect refurb project or potential to convert back to the original family home.

Enjoy two existing income streams while exploring the opportunity to further increase value and returns through additional development or simply put 70m2 granny under new laws.

A total of two incomes from 1 X two bedroom & 1 X one bedroom flats, offers lucrative options for the savvy investor, homemaker and renovator alike.

· Two for the price of one
· Live in 2 bedroom large house and rent out the One bedroom self Contained flat.
· Great for mum & dad investors
· Perfect for first home starters
· Title freehold (fee simple) 658 m2
· Elevated section (views)
· Prime spot in one of the most sought after locations in Otahuhu
· Rental Appraisal $850 pw
· Upgrade and Add value with all the options above.

All this in a fabulous location close to Sylvia Park Shopping Mall, shops & cafes, north/south/south-east motorway access and a local train station. Also an easy commute to Manukau City, Highbrook Drive, Auckland Airport and the CBD.

Overseas bound vendor's instructions are clear - this property must be sold!

See you at one of our open home or call Surinder Kaur 022 121 0822 or Manu Singh 021 042 2783 for private viewing.

PN - This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Other park
4 other parks
Water closet
2 Separate toilets

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration