Incredible Cashflow


Units 1-3/29 Monterey Avenue, Otahuhu

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Incredible Cashflow | Units 1-3/29 Monterey Avenue, Otahuhu | 1710419 |      X Close
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Incredible Cashflow


This impressive ready-to-go investment property provides fantastic returns from a total of 14 bedrooms across 5 dwellings. The main house comprises of six-bedrooms, two bathrooms and an open plan kitchen/living area over two floors. Tucked neatly to the rear of the main house, you find a pair of well-presented two-bedroom brick homes. In addition there are two freestanding near new, fully consented sleepouts each with a lounge, two bedrooms, toilet and shower, which add further flexibility to this property.

This 1,012 sq. m (more or less) property is fabulously located at the end of a quiet cul-de-sac on the Otahuhu foreshore, and offers a great long-term holding option. Renovated in 2017, all dwellings on this site are well maintained, in excellent condition and complemented by ample off-street parking.

With all the hard work done and tenants in place, this opportunity is not to be missed and offers the next owner a true ready to go investment.

The suburb of Otahuhu has come under the spotlight as an up-and-coming suburb benefiting from its easy motorway access to the city, plus excellent links for trains and busses both north and south. Facilitating this and highlighting the growth of the suburb, Otahuhu boasts a modern train and bus terminal which acts as a hub for current and future Auckland transport links. Commuting is made easy with regular trains departing for the CBD and arriving in just 25 minutes, or drive to Middlemore Hospital in 6 mins and Manukau Institute of Technology in 7 mins. This is an ideal opportunity to get into a suburb steadily gaining popularity.

Copy and paste the following links to view 3D interior property tour:

1-29 Monterey Ave - https://my.matterport.com/show/?m=GM9E32k6XhP

2-29 Monterey Ave - https://my.matterport.com/show/?m=oSQxQFCRQga

3-29 Monterey Ave - https://my.matterport.com/show/?m=ZZuXVU12r56

** Contact the salesperson be sent the digital information memorandum or download it using the link here: https://www.propertyfiles.co.nz/property/1710419 *

Glenn Baker

One Tree Hill

Licensed under the REA Act 2008

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Jack Davies

One Tree Hill

Licensed under the REA Act 2008

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Units 1-3/29 Monterey Avenue, Otahuhu

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Glenn Baker

One Tree Hill

Licensed under the REA Act 2008

View profile

Jack Davies

One Tree Hill

Licensed under the REA Act 2008

View profile