Prime investment opportunity in sought-after BUSINESS MIXED-USE Zone!
Return $65,000 per annum.
This 231m2, 2 storey property, minutes from Otahuhu Town Centre, blends residential and commercial spaces for high yield.
The vendor is earning $1250/week from 3 residential one bedroom units and 1 commercial warehouse space. Explore development potential or just enjoy steady returns.
There are plenty possibilities for this versatile property here. Quietly set back at the end of the driveway this property would also be perfect for a medium size business that needs office space and a warehouse or manufacturing space while having a living area for income or yourself.
Currently, all units are tenanted, and the commercial space is leased for storage. Conveniently located near shops, public transport, and key amenities.
Act now for a rare chance to invest, develop, or reside in a strategically positioned property with excellent returns and future potential.
Note: Asking Price plus Gst, if any.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.22 km | 2 | 1 | 60m2 | 2024 05 04 | $550,000 | Council approved | ||
 | 0.23 km | 2 | 1 | 60m2 | 2024 05 01 | $380,000 | Council approved | |
 | 0.11 km | 3 | 2 | 131m2 | 2024 03 14 | $900,000 | Council approved | |
0.24 km | 2 | 1 | 70m2 | 2024 02 18 | $525,000 | Council approved | ||
 | 0.37 km | 6 | 5 | -m2 | 2024 02 01 | $1,210,000 | Council approved |
