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1/40 Cheval Drive, Totara Vale, North Shore City

Dual Income Investment with Future Potential

dollar

Negotiation

House
House
Bedroom
2
Bathroom
1
Title type
Cross Lease
Garage
1
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Property details

Listing # 929540 | Listed on 19 March

A rare opportunity to secure a dual-income investment property in the highly sought-after Totara Vale suburb.

This cross-lease property comprises two separate dwellings, 40A and 40B both to be sold, Can be sold separately or together. Positioned on an approximately 672m² shared land area.

This property is 2-bedroom, 1-living layout, and both properties are currently tenanted, providing immediate rental income from day one.

Importantly, the property benefits from fully connected services, presenting potential future development or improvement opportunities (subject to council approval).

Key Features:

  • Cross Lease ownership
  • 2 bedroom, 1 living homes
  • Services available on site
  • Strong long-term holding property

Location Highlights:

  • Popular Totara Vale residential suburb
  • Easy access to motorways
  • Minutes to Wairau Park commercial precinct
  • Close to schools, public transport and amenities
  • Proven high-demand rental area

This is an outstanding opportunity for investors, land-bank buyers or developers seeking income today with future upside tomorrow.

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