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1, 2 & 3/38 Marjorie Jayne Crescent Otahuhu, Auckland City

Sold for $1,631,000 on 10 May 2022
  • 9 Beds
  • 3 Baths
  • 4 Cars
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1, 2 & 3/38 Marjorie Jayne Crescent, Otahuhu, Auckland City

Unit in Otahuhu

Multiple Income with Development Potential!

  • 9 Beds
  • 3 Baths
  • 4 Cars
Listed By:
Ray White ManukauA T Realty Limited Licensed (REAA 2008)

A block of 3 x 3 bedroom units on a 1325m2 parcel of land in Otahuhu. A walking distance to the train station and public transport, the CBD is only a short journey away and only minutes to Sylvia Park.

All units are on separate titles and have their own garages.

All three units include:

  • 3 bedrooms
  • 1 bathroom
  • Secure lock up and gated
  • Fully fenced

Options are endless:

Renovate the units and sell down individually
Renovate and rent with a potential return of $1800 per week ($600 per unit)
Land bank with great holding income for future development which looks very positive under the draft unitary plan with this site earmarked to become THAB zoning. Please note this is a draft and your own investigation is required here.

Another opportunity has arisen for the current long-term owner of 20 years and make no mistake this property MUST be sold on or before Auction day.

For more information call Isha Kaur - 0212340513 or Navjot Kaur - 021908180
OPEN HOMES: Sat/Sun 1pm-2pm

PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Features:
  • Electric Hot Water
  • Standard Kitchen
  • Electric Stove
  • Fair Interior Condition
  • Single Garage
  • Wooden Base
  • Fully Fenced
  • Good Exterior Condition
  • Single Storey
  • Urban Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Above Ground Level
  • In Street Gas

See all features

Chattels:
  • Stove
Property ID:

MKU32777

Building:

87m²

Land:

1,325m² / 0.33 acres

Parking:

4 garage spaces

Bedrooms:

9

Bathrooms:

3

Listed By:
Ray White ManukauA T Realty Limited Licensed (REAA 2008)