43 & 43a Grassways Avenue Pakuranga Heights, Manukau City

This is the rare opportunity you've been waiting for - a spacious home and income property on an expansive 1034sqm freehold site, plus already approved for two extra duplex homes. With income in place and development potential ready to go, this is your chance to live, earn, and grow your wealth - all from one incredible address.

- The Main Home

4 bedrooms + 2 bathrooms - perfect for families of all sizes

Large rumpus room with endless storage options

Balcony with breathtaking views of the Sky Tower - your front-row seat to fireworks

Comfortable and spacious living with room to add your personal touch

Triple garage - rare find with space for vehicles, hobbies, or extra storage

- The Minor Dwelling (Legal Home & Income)

1 generous bedroom

Full legal kitchen + living room + bathroom

Ideal for extended family, guests, or rental income

Currently producing a combined rental return of approx. $1,200 per week

- Approved Future Potential

Resource Consent & EPA already approved for two brand-new 3-bedroom, 2-bathroom duplex homes with garages at the rear

Build straight away - the paperwork and approvals are done for you!

- Endless Options for the Lucky Buyer

Live in one & rent the other to offset your mortgage

Keep generating income while you plan your development

Build 2 brand-new homes - sell both, or keep one and sell one

Perfect for extended families wanting space for multiple generations

Developers, investors, and land-bankers - the potential here is unmatched

Why This Property?

A unique combination of immediate rental income + future development upside

Large, freehold section in a sought-after Auckland location

Multiple streams of value: lifestyle, income, and growth

Rarely do properties tick so many boxes at once

This is more than just a home - it's a long-term strategy and golden investment opportunity wrapped into one. Properties with this much scope and flexibility don't come to the market often.

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Auction 14 October 2025 (unless sold prior)