Papakura - Investors’ Dream in the High 700s!

Description

Explore a three-bedroom home situated on a spacious 713m2 flat land. Built in the 1980s, this house faces east, features a rear deck, and offers ample parking space. There's plenty of room for children to play, and you can park 3-4 vehicles, boats, or trucks, providing numerous options. Fully fenced for security and convenience, it's conveniently located near Rosehill Intermediate and College, Medical center, and shops with easy motorway access, making it ideal for families.

Please note, Long-term settlement with a 5-10% deposit is an option, and access will be arranged for due diligence (valuation, builder's report, etc.). Access to view the property is not available for buyers prior to making an offer as the property is currently rented on a fixed-term tenancy until Oct 2024.

Consulting with an architect can unveil various possibilities. Entrepreneurs with a commercial mindset might see potential for Airbnb ventures or adding minor dwelling/extension of existing house applicable as per the Zoning(subject to council approval). Currently, tenants are paying $700/week under a fixed-term tenancy agreement, covering holding costs.

Seize the opportunity today to claim this prime investment, securing both a home and a potential project that promises substantial returns.

Viewing by appointment only.

Note: The property is currently tenanted, and the photos were taken prior to the tenants moving in.