Ray White Parnell

Ray White provides a broad range of real estate services from selling your property to property management. Visit our website to see over 12,000 properties on display.

We are a family owned business. When you choose Ray White, you are choosing over 100 years of experience and a name you can trust. We guarantee it!

Contact us to find out how Ray White can help you when it comes to property.

Ray White Parnell
City Realty Limited Licensed (REAA 2008)

Real Estate Agents

Ray White Parnell
Ray White Parnell
415 Parnell Road
Parnell
Auckland 1052
Listing #:
23087115
Listed:
65 days ago

Set Date of Sale (unless sold prior)

Sensational Cash Flow Opportunity

10 Gloucester Road, Manurewa, Auckland
Residential House
bedroom
3 Bedrooms
bathroom
1 Bathroom
toilet
1 Toilet
carparkgarage
1 Car Garage
floorarea
80m2 Floor Area
landarea
832m2 Land Area
About this property
Stop here right now if you want to read about a great investment.
Savvy investors know an opportunity when they see it so read on......

Ray White Projects is proud to announce for sale land with a significant development opportunity attached. On this 832sqm of land sits a bungalow renting for $550 per week.But its what you cant see that is important.

Has RC in place for a large Boarding house
Estimated rental $350 per week each room
Incredible tenant demand from local and central govt.
Has holding income of $550 per week.
Significant Gross Profit margins and cash flow
Available are reports and drawings but only to approved purchasers.

Contact the Director of RW Projects confidentially to obtain non disclosure agreement.
Please note the photos of the home are prior to been tenanted and we make no representation on the current state of the inside of the home except it is currently tenanted for $550 per week.
Check out whether you can get fibre internet
Meet your new neighbours on Neighbourly