A 'cash-cow' dwelling on a big piece of land in a popular location is often sought but seldom found. Look what we have found for you here! Two soundly built homes on single title packed with potential. This is a great opportunity for the astute investor, or home buyers needing assistance to pay the mortgage.

This is a legal home and income situation featuring two freestanding houses, each with good street appeal. Both homes are built of good materials, are sunny and spacious, and are beautifully presented and well maintained throughout. The main house has 3 bedrooms, kitchen and dining, with separate lounge, one full bathroom, and double garaging. The minor dwelling is a tidy, charming two-bedroom home with kitchen, lounge and double garage. There is lots of space around both houses.

Both dwellings are built on a level, freehold site of 859m², perfectly located in the central part of popular Papatoetoe. Close to schools, shops, town center, public transport and all local amenities with easy access to Motorway.

Zoned for Residential - Mixed Housing Suburban under the new Unitary Plan, which offers huge potential for subdivision or further development (subject to Council's approval).

Both dwellings are currently tenanted and generating around $1000 per week, which is below market level.

Explore the many options this property has to offer, or simply 'land-bank' for future development and benefit in the meantime from excellent rental returns.

A wonderful opportunity such as this does not present often. Seeing is believing! Enjoy the lifestyle, and secure your future too! Call anytime for a viewing.