Investors and developers take note- this large family home and a block of four 1 bedroom units on half an acre of residential land in desirable Pukekohe is up for grabs!

The property features a 215m , 2 storey house on a 741m freehold title. The house has 2 bedrooms, 2 bathrooms, 2 living areas and a standalone double garage. There is also a block of four 1 bedroom units on a 1356m freehold title, each with its own carport.

At present the house is rented for $320 per week and 3 of the units are rented at $150 per week, with the fourth unit achieving $180 per week. This equates to a combined annual rental income of $49,400 (not including expenses or allowing for vacancies).

Potential buyers could take advantage of the current rental return, or further improve the rental income through cosmetic renovation of the existing properties. More enterprising purchasers may wish to explore the possibility of further developing the property to make the most of the over 2000 square meters of residential land.

Viewing by appointment only, call today to arrange a time to view.

Agency reference #: RFC10242