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32 Marjorie Jayne Crescent OTAHUHU, Auckland City

Sold for $540,000 on 12 Dec 2011
  • 11 Beds
  • 2 Baths
  • 2 Cars
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32 Marjorie Jayne Crescent, OTAHUHU, Auckland City

House in OTAHUHU

Potential 3 unit site housing 1 huge house with income potential of $1600

  • 11 Beds
  • 2 Baths
  • 2 Cars
Listed By:
Ray White Royal OakPure Realty Limited Licensed (REAA 2008)

Currently operating as an 11 bedroom boarding house with an income potential of $1600 per week, this bungalow and double garage sits on a 1166m2 site offering development potential for 3 dwellings.
This is prime location close to the Otahuhu business district with access to all key transport systems of road, rail and air, on a quiet street of quality homes.
Several options here as investors keen for a solid cash flow could continue to run it as a boarding house and reap the rewards. With 2 rooms currently empty to make viewing by interested parties easier, it still brings in $1320 a week.
Or a large extended family could save dollars here housing all in the one dwelling while perhaps building on in the future.
Developers should inspect for future site development possibilities in addition to continuing to run the boarding side of things with well chosen boarders, all working adults between 32 and 60 years of age.
A great income for some lucky punter.

Features:
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Double Garage
  • Secure Parking
  • Terrace/Balcony
Property ID:

RYO20842

Building:

250m²

Land:

1,166m² / 0.28 acres

Bedrooms:

11

Bathrooms:

2

Listed By:
Ray White Royal OakPure Realty Limited Licensed (REAA 2008)