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46 46A 46B Hillside Road, Papatoetoe, Manukau City

Triple Income Powerhouse – $122,720/Year Renta...

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Auction

House
House
Bedroom
12
Bathroom
8
Title type
Freehold
Garage
2
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Open homes

Saturday
11:00am - 11:30am
16
May
Sunday
11:00am - 11:30am
17
May

Auction

Wednesday
1:00pm
62 Highbrook Drive, East Tamaki
27
May

Property details

Listing # 933779 | Listed on 30 April

Auction: 62 Highbrook Drive, East Tamaki on Wednesday 27 May 2026 at 1:00PM (unless sold prior)

Serious investors, take note—opportunities like this don’t come around often. 46, 46A & 46B Hillside Road present a rare chance to secure three standalone, freehold properties on one line, delivering strong cash flow and long-term capital growth in a proven high-demand rental corridor.

Immediate, Reliable Income
Returning approximately $122,720 per year combined rental income. This portfolio provides a solid, diversified income stream from day one. With three separate tenancies, you benefit from reduced risk—vacancy in one does not compromise the entire investment.

Built for Performance
Each property offers:



















































  • Spacious generous bedrooms (high tenant demand configuration)
  • Multiple bathrooms for premium rental appeal
  • Modern, low-maintenance finishes
  • Fully Healthy Homes compliant—minimising future compliance costs



















































These are purpose-ready rentals designed to maximise occupancy and minimise ongoing expenditure.

Strategic Location = Consistent Demand
Positioned within walking distance to Papatoetoe Train Station and minutes from Middlemore Hospital and Auckland Airport, this location attracts a steady pool of tenants including healthcare workers, airport staff, and commuters. Proximity to schools, retail, and motorway links further strengthens tenant retention.

Scale, Flexibility & Future Upside



















































  • Purchase one, two, or all three to suit your investment strategy
  • Potential for rental growth in a high-demand suburb
  • Strong land banking opportunity with long-term development upside (subject to council approval)
  • Multi-income stream enhances lending confidence and portfolio resilience



















































The Bottom Line
High-yield assets, diversified income, and a blue-chip rental location—this is a turnkey investment with scale. Secure all three and unlock the full potential of a portfolio designed for both cash flow and capital growth.

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