64 Megan Avenue, Pakuranga Heights, Manukau City, Auckland

Tender: Closes on Wednesday 26 February 2025 at 4:00PM (unless sold prior)

Situated in the heart of Pakuranga Heights, this legal home and income property on a 685m² (more or less) corner site presents a rare opportunity for investors, large families, or developers. With a fully renovated main house and a separate 2-bedroom legal minor dwelling, this property offers strong rental income, long-term potential, and excellent future development flexibility.

Main House – Spacious & Modern

• Upstairs: 3 bedrooms, a brand-new kitchen, renovated bathroom, separate toilet, and a bright living area.

• Downstairs: 3 additional bedrooms with a separate entrance, a second bathroom, a rumpus/living area, and a laundry.

• Triple carport attached to the main dwelling.

• Current rent: $830 per week (market rent potential: $1,000+ per week).

Legal Minor Dwelling – Secure Income

• Standalone 2-bedroom unit with a living area, kitchen, bathroom, and laundry

• Current rent: $500 per week.

• Garage next to the minor dwelling, currently used as storage.

Unbeatable Location & Development Potential

• Prime corner site, offering the potential to build multiple driveways, enhancing future subdivision possibilities.

• Wastewater on-site & stormwater access nearby – a developer’s dream.

• Conveniently close to motorways, Botany Town Centre, Pakuranga Plaza, and major transport upgrades (Eastern Busway & Reeves Road Flyover).

Solid Investment with Secure Tenancies

• Main house tenants (5+ years) – fixed tenancy until September 5, 2025.

• Stable minor dwelling tenants – keen to stay long-term.

• Total rental income: Over $1,300 per week, with high future potential.

A high-yield cash cow with capital growth and development upside – don’t miss out!

Contact today for an immediate viewing!

See this listing on Barfoot & Thompson