25 Raglan Street, Auckland, Mangere East, New Zealand being shown by Barfoot & Thompson with MLS # 864237

The owner has no Plan B, this must sell at auction! Unlock the potential of property investment with this fantastic opportunity! Presenting a solid three-bedroom weatherboard home nestled on 746m2 of freehold land, this property is already generating income with tenants in place. Plus, being zoned as mixed housing suburban under the unitary plan, the possibilities for future development are truly limitless. This residence offers three bedrooms, a well-appointed bathroom, and the added convenience of a separate laundry and separate garage. The spacious living areas provide a comfortable retreat for tenants, ensuring a desirable living experience. With wastewater onsite and stormwater conveniently nearby, this property is primed for future development. A concept plan is already in place to potentially subdivide into 6 lots, subject to council consent, offering additional avenues for expansion and increased rental yield. Situated close to Raglan Street shops, schools, and with easy motorway access, this investment property offers both convenience and potential for capital growth. Don't miss out on this opportunity to secure a tenanted investment property in a prime location, as it will be sold under the hammer. Contact us today to seize this chance to grow your portfolio and secure long-term financial success!

Amenities

Bedrooms: 3
Full Bathrooms: 1
Property Type: Single Family
MLS: 864237
Web ID: MJGQDU
Status: Active

Contact For Price NZD

Select Currency