13 Don Street Papakura, Papakura

Great condition, good return, good tenants and capital growth all in one superb package.

13 Don Street is a genuinely rare property that consists of 3 dwellings on a single, Freehold title of 926 sqm with a combined floor area of 230 sqm. All are currently tenanted producing a gross combined rental income of $76,440 p.a.

This property meets the needs of investors looking for a great return on capital, in the current climate of low deposit interest rates this stands out. With the added opportunity for capital growth, this is a smart investment that ticks all the boxes.

The combination of multiple, single level, stand-alone dwellings, quality brick and tile construction, aluminium joinery, excellent condition and location is extraordinary and such opportunities hardly ever become available.

These are good quality homes; all have internal access garages with automatic doors. All have fenced, grassed, private rear gardens and ranch sliders that open out onto concrete patios.

Each features a bathroom with separate shower and bath, and separate toilet.

The street front house has 2-bedrooms. The bedrooms and bathroom are accessed off a corridor that is entered through a door from the Living room. The home was renovated a few years ago and is in excellent condition.

The middle house is also a two-bedroom stand-alone house of the same design as the front house. It is also in very good condition.

The rearmost house is a 3-bedroom house of a similar design but with an additional bedroom. This house has been redecorated after it had been vacated by the previous tenant with high quality paint to all doors and framing. New blinds to all windows have been installed and the garage has been carpeted. This house has a log burner with wetback installed and a covered wood storage area behind the house.

Early viewing is advised and private viewings will be organised for all interested buyers.

Auction will be held on the 18th March at 12.00pm In Rooms at 15 Beach Road, Pahurehure (unless sold prior)