*** 5 Homes on 1 Title generating $148k p.a. ***

Looking for a high-performing, low-maintenance investment with immediate returns and future potential? This rare multi-dwelling property in Papakura delivers 5 x 2-bedroom homes on a generous freehold section- perfect for the savvy investor wanting strong yield and long-term growth.

Set on 1,062m² (more or less) of road frontage land with full services, the site offers a blend of newer and established homes, all currently tenanted and generating excellent income.

Key Highlights:
• All units are currently tenanted
• 5 x 2-bedroom units on one title, currently returning $148,200 p.a. with potential for more
• 2 modern duplex units (3 years old) with internal garages + 3 single-level homes with carports
• Freehold 1,062m² site with road frontage and services in place
• Prime location close to schools, train stations, shops, and amenities
• Motivated vendors ready to meet the market-ideal for high-yield-focused investors
• This is a rare opportunity to secure a well-performing, multi-income property in a high-demand location.

#THEDAY 7th May 2025 from 9:00 am at Ray White Manukau (unless sold prior)

Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.