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Patumahoe

24 Mareretu Avenue, Patumahoe, Franklin

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6ย Bedrooms
2ย Lounges
3ย Bathrooms
4ย Offstreet
1,106sqmย Land area SQM

Auction today 3pm!


Unlock the potential of this high-yielding dual-dwelling property, offering a combined rental income of $1,150 per week and an estimated yield of 4.7% to upwards of 5%. Whether you're an investor seeking strong returns or a family looking for a flexible living arrangement, this is an opportunity not to be missed.

The main residence is a modernised four-bedroom, two-bathroom bungalow that blends timeless character with contemporary convenience. Designed for easy living, it features an open-plan kitchen, dining, and lounge area all exiting to a covered Archgola deck, perfect for year-round entertaining. The master bedroom, complete with an ensuite, adds a touch of luxury and privacy.

At the rear of the property, a fully consented two-bedroom minor dwelling offers an excellent opportunity for additional income or independent living. With its own separate driveway, private decking, and open-plan kitchen and living area, this self-contained space is currently rented to a quality A1 tenant at $500 per week, ensuring immediate and reliable returns.

Located in a thriving Patumahoe subdivision, this property is surrounded by premium new builds and offers easy access to top-tier amenities. Schools are within walking distance, while motorway access makes commuting a breeze. The combination of modern living, strong rental income, and a sought-after location makes this property an outstanding investment or a perfect multi-generational home.

Opportunities like this don't last long. Contact Gary on 021 550 707 today to arrange a viewing!

Auction 18th March 2025 at 8 Massey Avenue Pukekohe 3pm.

Auction
(unless sold prior)

8 Massey Avenue, Pukekohe

18
Mar

Time3pm
Calander
Calendar
Gary Capper

Gary Capper

Residential and Lifestyle Sales

Bayleys Real Estate Ltd, Pukekohe,
Licensed under the REA Act 2008

Features

Investment


High-yielding dual-dwelling property, offering a combined rental income of $1,150 per week and an estimated yield of 4.7% to upwards of 5%.

Home and income


The property has a four-bedroom bungalow and two-bedroom minor dwelling offering an excellent opportunity for additional income or independent living.

Open plan


It features an open-plan kitchen, dining, and lounge area.

Location


Located in a thriving Patumahoe subdivision, this property is surrounded by premium new builds and offers easy access to top-tier amenities.