Covering a kingsize 2709sqm freehold, this is your ticket to a high-income future, whether expanding your portfolio or securing passive income for retirement. With 3 existing properties and a sleepout PLUS the flexible space to build up to 22 units of 1, 2 & 3 bedroom mixes - this is an opportunity to make bank.
The main home features a sizeable interior of 4 bedrooms, 2 bathrooms with the top level presenting beautiful water views, which could be advantageous for developers planning to build. The additional two relocatable homes (one fully remodelled with a sleepout) are both perfectly sized for families, ensuring you can secure immediate rental income until ready for further development.
With a combined rental income potential of $245,000 a year and the space to build up to 22 townhouses, this is an opportunity not to be missed. Positioned in a sought-after location near local amenities, schools, and public transport, you can invest and develop with confidence.
Don't hesitate! Call today to schedule your private viewing.
Agents bring your buyers, we offer conjunctional from day one.
Download the property documents here: https://www.agentsend.com/5EYV
www.107teataturoad.nz
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
---|---|---|---|---|---|---|---|---|
Tirimoana School | 0.41 km | Primary | 1-6 | Government | Co-Educational | EQI: 424 | 5 | |
Rangeview Intermediate | 1.04 km | Secondary | 7-8 | Government | Co-Educational | EQI: 464 | 4 | |
Henderson High School | 1.82 km | Secondary | 9-15 | Government | Co-Educational | EQI: 480 | 3 | |
Rutherford College | 2.80 km | Secondary | 9-15 | Government | Co-Educational | EQI: 462 | 5 |
Year | Median price | Growth | Sales count |
---|---|---|---|
2023 | $1,452,000 | -15.2% | 5 |
2022 | $1,713,000 | 25.4% | 4 |
2021 | $1,365,880 | 9.5% | 5 |
2020 | $1,247,500 | 94% | 8 |
2019 | $643,000 | -42.3% | 3 |
2018 | $1,115,000 | 2.9% | 10 |
2017 | $1,084,000 | 5% | 6 |
2016 | $1,032,500 | 6.7% | 4 |
2015 | $968,000 | 28.6% | 9 |
2014 | $752,500 | - | 6 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.29 km | 5 | 3 | -m2 | 2024年03月12日 | $1,235,000 | Council approved | ||
0.07 km | 7 | 107m2 | 2023年12月08日 | $1,920,000 | Council approved | |||
0.10 km | 4 | 4 | 143m2 | 2023年12月08日 | $1,760,000 | Council approved | ||
0.14 km | 4 | 2 | 220m2 | 2023年11月15日 | - | Council approved | ||
0.14 km | 4 | 2 | 220m2 | 2023年11月15日 | $1,430,000 | Council approved |