14 Vine Street
Mangere East, Manukau City
SOLD
6
3
3

Cash Cow Returning $62,400 Per Annum!

Ripe and ready for investing, land-banking or developing in a go-ahead location experiencing an explosion of medium density accommodation comes an opportunity to secure a level quarter-acre (1,012sqm) MHS section.

Featuring three two-bedroom brick and tile units generating an income stream of a combined $1,200per week from existing tenants who'd love to stay for as long as possible.

AUP zoning presents options for new builds up to two-levels high with a range of recently completed townhouses in the vicinity pointing to the range of possibilities with the build process simplified by services at the street and uncomplicated road frontage access.

Mangere East is fast becoming the go-to location for a broad spectrum of buyers with downsizers enticed by centrality to amenities, commuters needing proximity to SH1 & 20 plus rail to downtown, and medical professionals from nearness to the hospital.

An opening that will not last in a location where these developable quarter-acre sections sell extremely fast - give it priority and call Garry Singh for further information.

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as RPNZ or Auckland Council (LIM) documents. They have not been measured by the Salesperson or City South Investments 2019 Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.

Open Homes

Property Features

Property ID: TKN30966
Bedrooms: 6
Bathrooms: 3
Building: 180m2
Land: 1012m2
Listed By:City South Investments 2019 Limited Licensed (REAA 2008)
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Chattels:

  • Light Fittings
  • Floor Covers
Gaurav Singh, Licensee Salesperson (Team Garry Singh) at Ray White Takanini