Here's a property that gives you income today and options tomorrow.
44 Cornwall Road is a legal home and income, currently configured with one dwelling rented and one vacant (by settlement), allowing you to either move in, rent both, or reposition to maximise returns. With approximately $67,000 per annum in rental income, this is a holding asset that works from day one.
Set on a flat, service-connected section, the zoning opens the door for future development (subject to council approval). Everything is already in place, making this a smart land-bank opportunity while your tenants help cover the costs.
Location adds another layer of appeal, with public transport right on the street and easy access to local amenities, schools, and key routes.
The vendor is a seasoned investor who is consolidating multiple Auckland properties into one, and this property is surplus to requirements. There is also openness to trade scenarios, particularly for larger homes, and flexibility around settlement.
Opportunities with this level of flexibility, income, and upside are rarely this straightforward.
Get in touch today for the full information pack or to discuss how this could fit your portfolio before auction.
AUCTION - 1:30PM | Wednesday 20th May 2026 | Onsite at 44 Cornwall Road, Papatoetoe (unless sold prior)
*Disclaimer - photos have been digitally enhanced