[SOLD] Home and Income in Sought after Papatoetoe

Papatoetoe, Manukau, Auckland - PBN

Exceptional Deal located in Exceptional Papatoetoe - Yield and Equity to be had here!


Property Features: 5 br / 2 ba / dble gar

  • Price: PBN
  • Registered Value: $1,000,000 - 2nd August 2017
  • Rental Status: $880 p/w
  • Rent Appraisal: $370 - $390 p/w (1 Bedroom)
    $540 - $560 p/w (3 Bedroom)
    Total: $910 - $950 p/w
    Verbal TBC in Writing
  • Annual Rates: $3,111
  • Estate Type: Freehold
  • Floor Area: 240m2
  • Land Area: 538m2

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About the Property

This large solid property was built around the 1960s of mostly weatherboard and Iron. Consists of a 240m2 double level home, inclusive is the double garage (60m2) which has internal access to the residence. The upper level provides 3 double bedrooms, main bathroom, WC, 2 open plan lounges, dining and kitchen presented in tidy condition however there is room for improvements to add value at some stage. The indoor-outdoor flow is well planned enabling movement to the north elevation directly off the lounge and wrap around decking area.

The ground level accommodates the self-contained area with one double bedroom, bathroom/WC, lounge-dining, and kitchen, this premise has been modernised and is in tidy condition. There are architectural plans available for converting the one bedroom into a 3 bedroom unit and are ready to be submitted to the council. Plenty of options here.

From our knowledge the 1 bedroom conversion works took place before 1991 therefore no CCC has been issued however the works do have council approval and are on the council records. The LIM can provide more information on this and is available on request. We also have a valuation available.

The outdoor areas are fenced and private from one another with shared parking.


8mins drive - Westfields Mall Manukau (CBD)

2km to Hunters Plaza and Papatoetoe Pool and Leisure centre

16min drive - Auckland Airport

Close proximity to papatoetoe primary and high schools

Close proximity to southern motorway on/off ramps.

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