12 Franklin Avenue
Papatoetoe, Manukau City
SOLD
6
2

Two Homes, 1012sqm & $1000+ Per Week

Auction Thursday 27th January 2022 4pm, In rooms at 66 Great South Road, Papatoetoe (unless sold prior)

Stunning for the savvy and cunning investor where you can collect $1000+ per week in rent while arranging consent to develop the 1012sqm MHS zoned section.

Currently accommodating two three-bedroom standalone dwellings set on a single title for subdivision simplicity with services at the gate and side-driveway for ease of access. Both houses are currently tenanted with the front dwelling returning $600 per week and the smaller dwelling to the rear $480 per week.

Ideal for banking or building with regulations enabling new construction up to two storeys high in a location already seeing a proliferation of contemporary, mid-high-level accommodation.

Central to motorways, malls, eateries and markets plus a five-minute drive to the train station will ensure any new build will attract attention from a broad buyer demographic from professionals, families and retirees.

A development opportunity in a bustling location that's just started cranking for building or land banking on up-and-coming Franklin - call David 027 324 2038 for inspection arrangements.

Open Homes

Property Features

Property ID: PAP30094
Bedrooms: 6
Bathrooms: 2
Building: 170m2
Land: 1012m2
Listed By:Noble Realty Limited Licensed (REAA 2008)
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David Lu, Licensee Salesperson at Ray White Papatoetoe