Landbank, Investment or Develop with 1715m2.
Seldom does such a unique property come to market with so many options. The generous land size offers potential galore for future redevelopment, while the six units offer a terrific investment income just near to train station Papatoetoe.
Opportunity is knocking so grab it with both hands now. An incredible chance to own six property titles to be sold as a single lot. The sites are flat and include carports.
1/48, 2/48, 3/48, 4/48, 5/48, 6/48 Wyllie Road, Papatoetoe all under the same Title.
-Approx 1715m2.
-360m2 floor area (60m2 for single unit)
-Currently all units rented above $520/week for all individual units.
-solid Brick exterior and steel/G-Iron roof with building age 1960-1969
-Terrace and apartment zoning.
-capital value of $450000*6 (C.V. for single unit)
-full information packs available on request.
Contact Navdeep Singh 0223915307 or John McCracken 0274795058 for further details.