13A East Street Papakura, Papakura

Discover an exceptional investment opportunity at 13a East Street, Papakura, Auckland!

This prime property, featuring three 2-bedroom units on a generous 824m2 section, is a rare gem that promises outstanding rental returns. Fully tenanted with long-term occupants, this is your chance to secure a low-maintenance, high-yield asset in the heart of Papakura.

Key Property Features:

• Three 2-Bedroom Units: Spacious and well-designed, perfect for tenants seeking comfort and convenience.
• 824m2 of Prime Land: A substantial section offering future development potential or secure land banking.
• Excellent Rental Return: Strong, consistent income stream from three fully occupied units.
• Long-Term Tenants: Stable, reliable occupancy for hassle-free investment.
• Healthy homes Compliant, all 3 units meet the RTA Healthy Homes Standards
• Easy Maintenance and timeless brick and block construction
• Cash flow: Rental income of $81,900/annum or $1,575/week
• Value add Potential: The units are in good condition as is, but there's potential to modernise and renovate to boost their value and increase rental income.
• Three Carports: Dedicated parking for each unit, enhancing tenant appeal.
• Central Papakura Location: Walking distance to schools, shops, public transport, and all essential amenities.
• Highly Accessible: Close to major transport links, making it ideal for commuters and families alike.

Imagine owning a property that ticks all the boxes for a savvy investor. Located in the thriving hub of Papakura, 13a East Street offers unmatched convenience and growth potential. Each of the three 2-bedroom units is thoughtfully laid out, ensuring tenant satisfaction and retention. With long-term tenants already in place, you'll enjoy immediate returns without the stress of finding occupants.

The 824m² section not only provides ample space but also opens doors for future possibilities - whether you hold, develop, or reimagine. Plus, with three carports and a location just a few minutes' stroll from supermarkets, cafes, shops, and the Papakura train station, this property is a tenant's dream and an investor's goldmine. If 'location, location, location' is the goal, then this property is the prize.

As the vendors eagerly turn the page to begin their exciting next chapter, they're compelled to part with this exceptional property, making it a must-sell opportunity that simply cannot be overlooked-their loss is your golden chance to secure a lucrative investment with strong rental income and promising capital gain potential. You don't usually get both!

Secure this property and leave it as is to immediately start benefiting from strong, consistent cash flow, or take your opportunity to cosmetically improve two of the units to match the modernised and well-appointed standard of the third one to further improve your financial future. You'll be patting yourself on the back in the years to come.

This is a rare opportunity to secure a high-performing investment in a sought-after location. Get in quick with your best offer!

Contact Iza on 022 492 9850 today to arrange a viewing or request more details. Don't wait - properties like this don't come around often! 13a East Street, Papakura, Auckland - your gateway to a secure, profitable future. Be there at the auction and make it yours!