5 Magellan Place, Papatoetoe

Description

Legal Home and Income - The main house and separate basement unit provide two streams of rental income, maximizing returns. Zone : Residential-Mixed Housing Suburban Zone Storm water Pipe : Within property boundary Waste water Pipe : Within property boundary Land size : 622m2 more or less Main House Features: $750PW (including water ) • 3 spacious bedrooms plus Storage room for added convenience • Separate bathroom and seperate toilet for comfort • Well-appointed kitchen • Dining area with breathtaking scenic views • Open conservatory for seamless indoor-outdoor living • Laundry area • Private courtyard perfect for kids and pets • Double driveway with multiple parking spaces plus double garage . Separate Basement Unit Features: $450PW (including water ) • 1 double bedroom plus rumpus room • Full bathroom • Kitchenette for self-sufficiency • Living and dining area • Laundry area • Private courtyard Key Investment Highlights: • Total rental income: $1,200pw • Separate power supply for both • Dual-occupancy design maximizes rental income . • Scenic views and private outdoor spaces enhance livability • Dual Driveway for parking .

Agent Detail

Sudesh Kumar

Principal/Business Owner

• 09 264 1221 / 0212303149
• sudesh.kumar@emeraldrealty.co.nz

Property Details

• Method of sale: Private Treaty
• Status: listing
• Year built: 1977
• Type: Home & Income
• Class: Residential
• Land Area: 622 sqm
• Floor Area: 160 sqm

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