[SOLD] Excellent Opportunity for an Affordable Slice of Papatoetoe!
1/87 Wallace Road, Papatoetoe, Auckland - $379,145
If you are after an affordable investment in a prime location, which will easily attract an excellent tenant, your search ends here!
On offer here is a 2 bedroom, 90m2 (spacious), open-plan brick unit. Solidly constructed in the 1960's, it has recently undergone a renovation including a new bathroom, new kitchen and painting throughout. A newly laid concrete driveway leads up to its own carport located right next to the unit. There is also an area available for a second vehicle.
The property is located on the ground floor allowing ease of access and has its own private sun drenched courtyard.
Opportunities offering a potential gross yield of 6% at an attractive price are far and few between in Auckland these days, making this investment both an excellent starter or an addition to your current portfolio.
Within walking distance to Papatoetoe plus Puhinui Train stations (10 - 15 Mins)
Close proximity to Southern and South Western Motorways (1, 20)
Handy to bus stops, local shops, supermarkets and Auckland International Airport.
Within 1km of the Heart of Papatoetoe.
Licensed Salesperson - REAA 2008
021 990 252