12-14 Clevedon Road Papakura, Papakura

A rare investment opportunity to add to your portfolio. Two dwellings on one title offering multiple income streams for the current owners.
Number 12 Clevedon Road is a solid four-bedroom mostly brick home with a separate basement studio and number 14 Clevedon Road offers a six-bedroom, four-bathroom property with each room currently being let individually to tenants.
Returning a total gross rental income of approximately $113,000 per annum, savvy landlords will see the opportunity here to maximise their yield. Future opportunities can be explored if you choose to develop this 1058 sqm (approx.) site under the unitary plan residential terrace housing and apartment building zoning. In a prime location on the fringe of Papakura township, in close proximity to shops, recreational facilities, and public transport links.

CV $1,300,000, do your due diligence now, our serious vendors are releasing their portfolio, including neighbouring 16 Clevedon Road, currently tenanted to an accounting practice.
View at an open home or call Sandra Bullock on 021 713 750 for more information. Purchase Price is plus GST (if any).