64 Megan Avenue, Auckland, New Zealand being shown by Barfoot & Thompson with MLS # 905080

Situated in the heart of Pakuranga Heights, this legal home and income property on a 685m² (more or less) corner site presents a rare opportunity for investors, large families, or developers. With a fully renovated main house and a separate 2-bedroom legal minor dwelling, this property offers strong rental income, long-term potential, and excellent future development flexibility. Main House – Spacious & Modern • Upstairs: 3 bedrooms, a brand-new kitchen, renovated bathroom, separate toilet, and a bright living area. • Downstairs: 3 additional bedrooms with a separate entrance, a second bathroom, a rumpus/living area, and a laundry. • Triple carport attached to the main dwelling. • Current rent: $830 per week (market rent potential: $1,000+ per week). Legal Minor Dwelling – Secure Income • Standalone 2-bedroom unit with a living area, kitchen, bathroom, and laundry • Current rent: $500 per week. • Garage next to the minor dwelling, currently used as storage. Unbeatable Location & Development Potential • Prime corner site, offering the potential to build multiple driveways, enhancing future subdivision possibilities. • Wastewater on-site & stormwater access nearby – a developer’s dream. • Conveniently close to motorways, Botany Town Centre, Pakuranga Plaza, and major transport upgrades (Eastern Busway & Reeves Road Flyover). Solid Investment with Secure Tenancies • Main house tenants (5+ years) – fixed tenancy until September 5, 2025. • Stable minor dwelling tenants – keen to stay long-term. • Total rental income: Over $1,300 per week, with high future potential. A high-yield cash cow with capital growth and development upside – don’t miss out! Contact today for an immediate viewing!

Amenities

Bedrooms: 8
Full Bathrooms: 3
Partial Bathrooms: 0
Property Type: Residential
Home size: 0 ft² / 0 m²
MLS: 905080
Status: Active

$925,975

Listing currency: NZ$1,550,000

Select Currency