51 Jane Cowie Avenue
Otahuhu, Auckland City
SOLD
4
2
1

Hot Property Alert Unbeatable Investment Potential

Seize the chance to invest in a promising property with this 2 x 2-bedroom weatherboard unit on a substantial 776m2 land parcel in Otahuhu. Ideal for investors and land bankers, this property combines steady rental income with incredible potential for value enhancement.

Key Features:
• Dual Units: Two 2-bedroom units offering stable rental income and plenty of living space.
• Strong Rental Income: Currently rented at $1000 per week, providing immediate returns and a solid foundation for your investment.
• Expansive Land: A generous 776m2 lot presents ample opportunity for future development or upgrades.
• Convenient Location: It is in a prime spot close to motorways, public transport, schools, and shops, making it highly attractive to tenants.

Investment Highlights:
• Renovation Potential: This property is ready for a refresh! Although tired and dated but perfectly functional, it offers significant potential for value growth and increased rental returns with some TLC and strategic renovations.
• A brand Coloursteel roof was put on in 2020; stress-free for at least another 15 years!
• Double Carport: Features a double carport and extensive parking space, an appealing benefit for tenants and a valuable addition to your investment.
• High-Demand Area: Situated in Otahuhu, a thriving community with strong rental demand and expanding infrastructure.

Whether you're aiming to revitalize an existing asset or invest in a property with considerable upside, this Otahuhu block of unit presents a compelling opportunity. Beat the competition and get in quick with your best offer!

Don't wait! Call Iza on 0224929850 today to arrange a viewing and explore the potential of this investment property.

Transform this opportunity into a lucrative success-your next great investment is waiting!

Open Homes

Property Features

Property ID: PAP31321
Bedrooms: 4
Bathrooms: 2
Building: 130m2
Land: 776m2
Listed By:Noble Realty Limited Licensed (REAA 2008)
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Chattels:

  • Light Fittings
  • Floor Covers
  • Rangehood
  • Curtains
  • Stove
Iza Kimura, Licensee Salesperson at Ray White Papatoetoe