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15a Matai Street, WAIUKU, Franklin

Best of Both Worlds: Dual Unit Investment Property

dollar

$975,000

House
House
Bedroom
5
Bathroom
2
Land area
582m2
Garage
2
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Property details

Listing # L30745625 | Listed on 28 January

This property offers the unique advantage of two separate units on a single title, providing flexibility and potential for both investors and owner-occupiers. Whether you choose to rent out both units for maximum return or live in one while renting out the other to help offset your expenses, this arrangement delivers outstanding value and versatility.
Knowing you have two income streams on a single title provides a massive sense of financial security. If one unit is vacant, the other still supports you. This reduces the "investment anxiety" often associated with single-dwelling properties, allowing for better sleep at night.
Property Details
The property comprises two units, both constructed 18 years ago. Each unit features double glazing, brick construction, and pressed iron tile roofing. The units are joined by a single garage for each, ensuring privacy and convenience.

• Unit 1:
• Two double bedrooms
• Open plan living area
• Combined bathroom and toilet (shower only)
• Laundry located in the single garage
• Small enclosed courtyard
• Landlord Compliance Statements for Healthy Homes are available

• Unit 2:
• Three double bedrooms
• Open plan living area
• Separate bathroom (shower over bath)
• Separate toilet
• Laundry located in the single garage
• Small enclosed yard
• Landlord Compliance Statements for Healthy Homes are available

Investment Potential
These units have a proven track record, having benefited from long-term tenants and consistently strong returns over the years. This makes them an excellent choice for investment, offering both stability and growth potential.


Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer

To download the property files please copy and paste the URL below and follow the instructions.

https://www.propertyfiles.co.nz/property/15aMatai

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Additional features

Water closet
2 Separate toilets

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