Double income investment

16 Monterey Avenue, Otahuhu (Manukau)


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Double income investment | 16 Monterey Avenue, Otahuhu (Manukau) | 1710351 |      X Close

Double income investment

This attractive duo of brick and tile properties provides an equally attractive investment opportunity. Both properties are currently tenanted providing an instant return while you finalise your plans to stamp your own mark.

At 116sqm and 86sqm respectively they sit adjoined on a near level foreshore site each with their own title and a half share of 1113sqm. The combined rent from these properties is $920 per week.

Fabulously located on this quiet cul-de-sac of Otahuhu foreshore they offer potential to expand on the current footprints should you desire.

Otahuhu boasts a modernised train and bus terminal which acts as a hub for current and future Auckland transport links. With regular trains departing for the CBD this could be the commuters dream, landing you into Britomart from Otahuhu in just 25 minutes.

Whether you are looking for a long-term holding or a do up and sell individually, Otahuhu is rapidly becoming popular as one of Aucklands up and coming suburbs.

For more information and interior photos:

Auction (unless sold prior): 6pm, Wednesday, 16 June 2021, 778 Manukau Road, Royal Oak

16 Monterey Avenue, Otahuhu (Manukau)

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