Unit 1 & 2/12 Gifford Road Papatoetoe, Manukau City

** Final viewing for property this Wednesday from 12:00 - 1:00 PM**

Multi unit + Do up + 809 sqm land + Selling after 35 years = Opportunity Plus

After owning this great investment for over 3 and a half decades, our owners have made up their mind and are committed to sell this fantastic opportunity on the auction day.

Awaiting it's next prosperous owners, this investor's favorite on 2 separate titles has 2 low maintenance built with solid concrete block and tile units, each with a garage.

Once you're here it is clear to see why there is so much potential to be unfolded with endless options:

Opportunity to add value to both units and keep as rentals
Opportunity to add units on front and rear (subject to council approval)
Demolish and start over again (subject to council approval)
Build at back for yourself and keep front ones to pay the mortgage off quickly (subject to council approval)
Ensure stability of regular rental income with the current tenants who have lived there for the last 11 years.

Location:

1 min drive (700m) approx to SH20 motorway access
2 min drive (1km) approx to Puhinui Train Station (currently under renovations)
8 min drive (8km) approx to Auckland International Airport
2 min drive (800m) approx to Papatoetoe South School
LIM, title, rental appraisal, auction agreement and other relevant documents available upon request

Auction: 2nd July 2020 @ 6pm at Ray White Manukau(Unless Sold Prior)
See auctions live: https://www.apolloauctions.co.nz/auctions-live