This dual-site property spans an impressive 1714sqm (more or less) of prime land, zoned Business - Mixed Use, providing a wide range of development possibilities. Comprising 12 Healthy Homes Compliant units with a total of 20 bedrooms, this offering delivers strong rental income and significant long-term potential.

Key Features

• Zoning: Business - Mixed Use, offering flexibility for future redevelopment.
• Utilities: Both stormwater and wastewater services are onsite, with no wastewater constraints.
• Stability: Fully tenanted with long-term occupants, ensuring steady cash flow.
• Upside Potential: Current rents have not been reviewed recently, presenting an opportunity to increase returns to reflect market rates.

Property Breakdown

6 Atkinson Avenue (1 Title)

• Unit 1/6: 2 bedrooms, 60.2sqm
• Unit 2/6: 1 bedroom, 50sqm
• Unit 3/6: 1 bedroom, 50sqm
• Unit 4/6: 2 bedrooms, 60.4sqm
• Unit 5/6: 2 bedrooms, 60.4sqm
• Unit 6/6: 2 bedrooms, 60.2sqm

8 Atkinson Avenue (6 Titles for 6 Units)

• Unit 1/8: 2 bedrooms, 60.2sqm
• Unit 2/8: 1 bedroom, 50sqm
• Unit 3/8: 1 bedroom, 50sqm
• Unit 4/8: 2 bedrooms, 60.4sqm
• Unit 5/8: 2 bedrooms, 60.4sqm
• Unit 6/8: 2 bedrooms, 60.2sqm

Located in the thriving Otahuhu suburb, this property is close to key transport links, amenities, and local schools, making it attractive to tenants while offering excellent growth prospects.

This is a rare opportunity to secure a high-yielding investment with untapped potential for development. Contact Manoj Hooda or Aman Gulia today to learn more and arrange a viewing! Property ID: #L31890051