Ray White Papatoetoe
Real Estate Agents
- Listing #:
- PAP31321
- Listed:
- 29 days ago
$989,000
Hot Property Alert Unbeatable Investment Potential
51 Jane Cowie Avenue, Otahuhu, Auckland CityResidential House
-
- 4 Bedrooms
-
- 2 Bathrooms
-
- 1 Covered Car Park
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- 130m2 Floor Area
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- 776m2 Land Area
About this property
Seize the chance to invest in a promising property with this 2 x 2-bedroom weatherboard unit on a substantial 776m2 land parcel in Otahuhu. Ideal for investors and land bankers, this property combines steady rental income with incredible potential for value enhancement.Key Features:
• Dual Units: Two 2-bedroom units offering stable rental income and plenty of living space.
• Strong Rental Income: Currently rented at $1000 per week, providing immediate returns and a solid foundation for your investment.
• Expansive Land: A generous 776m2 lot presents ample opportunity for future development or upgrades.
• Convenient Location: It is in a prime spot close to motorways, public transport, schools, and shops, making it highly attractive to tenants.
Investment Highlights:
• Renovation Potential: This property is ready for a refresh! Although tired and dated but perfectly functional, it offers significant potential for value growth and increased rental returns with some TLC and strategic renovations.
• A brand Coloursteel roof was put on in 2020; stress-free for at least another 15 years!
• Double Carport: Features a double carport and extensive parking space, an appealing benefit for tenants and a valuable addition to your investment.
• High-Demand Area: Situated in Otahuhu, a thriving community with strong rental demand and expanding infrastructure.
Whether you're aiming to revitalize an existing asset or invest in a property with considerable upside, this Otahuhu block of unit presents a compelling opportunity. Beat the competition and get in quick with your best offer!
Don't wait! Call Iza on 0224929850 today to arrange a viewing and explore the potential of this investment property.
Transform this opportunity into a lucrative success-your next great investment is waiting!
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