New Residential Investments - Buy One or More

A/11, Central Ave, Papatoetoe, Manukau City

By Negotiation

Proposed Usage
Floor Area
282.00 m²
Land Area
2575.00 m²
Property ID

- 6 residential properties for sale: fully furnished, each unit (2 levels) comprises 9 bedrooms all with an ensuite bathroom, plus a kitchen and laundry
- Each unit is tenanted by IPM General Partner with Investment Portfolio Management (LJ Hooker Apartments)
- Returning $90,000pa + GST net, with a brand new 9 year lease
- Close proximity to major amenities, including Middlemore Hospital, Manukau Institute of Technology (MIT), and Auckland Airport

Offered to the market is a rare residential investment opportunity, to purchase one, several, or all. Situated on 2,575sqm of land, each of these six properties comprises an approximate gross floor area of 287sqm, and is returning a net rental of $90,000 + GST.

Well suited for a passive investor, this brand new build is well positioned, being approx. 3km from Middlemore Hospital, 2.5 km from Manukau Institute of Technology Campus (MIT) and 3.2km from Westfield Manukau, with Auckland Airport a short distance away.

Look no further for a long term passive investment!.

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Papatoetoe Area