[SOLD] 2 Incomes on One Huge Piece of Land with an Extra Section

10 Daniel Avenue, Mangere East, Auckland - $1,015,682

Triple opportunity in desirable Mangere East: 10, 10a and plenty of room to add a 10b! This is a massive property that will only become more valuable as Auckland's population grows from here.


Highlights:

Property Features: 4br 2br + Section

  • Price: $1,015,682
  • Gross Yield: Potential 5.2% GY
  • Capital Value: $435,000
  • Registered Value: $1,085,000
  • Equity: $69,500
  • Rental Status: Tenanted at $570p/w + $450 p/w
    Total - $1,020 p/w
  • Rent Appraisal: Main House $570 P/w
    MD $450 P/w
    Total: Potential $1,020 P/w
  • Annual Rates: $2,766
  • Estate Type: Freehold
  • Land Area: 1222m2

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Additional Information

On offer is a 4 bedroom renovated home with a 2 bedroom renovated minor dwelling situated on a whopping 1222m2 ! The beauty is the existing 2 homes are well sited potentially leaving room for the third... or just land bank for how ever long you wish.

The main house consists of 4 bedroom solid 1960's weatherboard bungalow, brand new granite bench top kitchen, spacious lounge area, new bathroom, separate laundry, aluminium joinery and a huge outdoor area with plenty of off street parking.

The separate 2 bedroom dwelling was built approx 2009 and comprises of open plan kitchen/living with a spacious deck off the lounge area and separate bathroom. It has its own garden and plenty of off street parking.

Both houses are entirely separate with their own power and water meters.

Registered Valuation of $1,085,000 - gives you the necessary equity to assist with your next investment. The LIM report is also available to those interested.

Amenities

Approximately 8 minutes walk to:

Countdown Supermarket, Post Office, Bakery, Library, Medical Centre and other shopping needs.

Close proximity to SH20, Manukau CBD and Middlemore Hospital.

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

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Agent Contact Details

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

I used Maxine to buy an apartment while overseas, she was very quick to reply to all my questions. Working with her made the whole process go a lot smoother. She understands the struggles of buying Property while overseas so she helped me out in anyway she could. I would highly recommend her.

Moemen Elbeltagi

Maxine persevered with us investigating many properties in a very challenging market, before completing a successful purchase.

We were very pleased with her determination to find the right deal for us, in particular as we are out of NZ, and need to rely heavily on local knowledge and advice.

John & Penny

It has been a pleasure to work with Maxine on this purchase. I found her to be personable, responsive, intelligent & experienced, very helpful and available.