63 Shirley Road Papatoetoe, Manukau City

The Zoning: Business - Town Centre, reflecting a mixture of retail and apartment living under the Auckland Unitary Plan. Flat site and wide road frontage maximise this 1112 freehold estate's development potential. Explore the many options available.

The property currently has four, large, purpose built, two-bedroom units. All units have excellent indoor and outdoor living spaces; are complimented with single carports and offer occupiers a convenient and comfortable living environment. Current rental income is $102,000 pa. Given it's fantastic location and superior livability, the property has always had strong tenant demand. Long term tenancies being the norm, create a hassle-free investment. Capital value is $1,730,000

The location - 63 Shirley Road Papatoetoe, is directly across the road from the new Papatoetoe Railway Station. From this major hub, trains go directly to the CBD and Manukau and buses travel directly to Auckland International Airport. The property is within minutes walking distance to the old Papatoetoe town centre and local amenities.

This is a perfect acquisition, offering a unique opportunity to develop the site to its full potential now or in the future, or to enjoy excellent rental income of $102,000 pa. The opportunities are endless, the outcome is capital growth.

Auction 2.00pm on site Saturday 25 May 19

Open home Sat/Sun 1.00 -1.45 pm