Sold Property

1/16 Wilson Place, Papakura, Auckland 2110

  • 145 m2
  • 4
  • 1

$550,000

A Rock-Solid Investment

A wonderful opportunity awaits a keen buyer or investor to pick up this classic unpolished diamond.

Currently renting for $540p/w with tenants happy to stay on that represents a 5% yield in its current condition however with a bit of TLC and some elbow grease this could be increased to an amazing 6.7% return!! This solid weatherboard bungalow, built in 1959 and extended (all legally) in 1975, now measures up at a very spacious 145m2 floor area which allows for numerous configurations over its 6 rooms - 5 bedrooms 1 lounge, 4 bedrooms 2 lounges or even 3 bedrooms 3 lounges. The good-sized, fully fenced section means you can easily supervise the kids and pets while there's a large single garage with tons of off-street parking. And with 4 schools within 1km the kids can easily walk to school.

Whilst there's plenty of scope to add value here don't let that dissuade you, our very own in-house interior designer will be at hand to assist with any design ideas or questions you may have to help transform your dreams into reality. Whether you're looking to take your first steps into owning your own home, looking for a fabulous project or adding to your investment portfolio, you'll find something that will appeal to all. LIM report and rental appraisal available on request.

Viewing is strictly through our open homes, Saturday and Sunday at 12pm.
To download the files for this property please visit the link below or click on the more details tab on the Harcourts website for a direct link:
https://www.propertyfiles.co.nz/property/PU200902 Property ID: #PU200902

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Sold Date

  • 23 October, 2020

Property features

  • Property Type: House
  • Roof: Tile
  • Tenure: Crosslease (freehold)
  • Property condition: Fair
  • House style: Bungalow
  • Garaging / carparking: Single lock-up, Off street, Free standing
  • Construction: Weatherboard
  • Joinery: Timber, Aluminium
  • Insulation: Floor, Ceiling
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes, Net curtains
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Curtains, Drapes,
  • Kitchen: Original, Upright stove, Rangehood, Pantry and Finished in Laminate
  • Living area: Separate living
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Single and Built-in / wardrobe
  • Additional rooms: Family
  • Main bathroom: Bath, Shower over bath
  • Laundry: Separate
  • Views: Urban
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
  • More Details URL: https://www.propertyfiles.co.nz/property/PU200902
  • Virtual Tour URL: http://www.youtube.com/watch?v=cLXvaPJNiNs
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Office

Harcourts Pukekohe

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 145 m2
  • 4
  • 1

Sold Property

1/16 Wilson Place, Papakura, Auckland 2110

$550,000

A Rock-Solid Investment

A wonderful opportunity awaits a keen buyer or investor to pick up this classic unpolished diamond.

Currently renting for $540p/w with tenants happy to stay on that represents a 5% yield in its current condition however with a bit of TLC and some elbow grease this could be increased to an amazing 6.7% return!! This solid weatherboard bungalow, built in 1959 and extended (all legally) in 1975, now measures up at a very spacious 145m2 floor area which allows for numerous configurations over its 6 rooms - 5 bedrooms 1 lounge, 4 bedrooms 2 lounges or even 3 bedrooms 3 lounges. The good-sized, fully fenced section means you can easily supervise the kids and pets while there's a large single garage with tons of off-street parking. And with 4 schools within 1km the kids can easily walk to school.

Whilst there's plenty of scope to add value here don't let that dissuade you, our very own in-house interior designer will be at hand to assist with any design ideas or questions you may have to help transform your dreams into reality. Whether you're looking to take your first steps into owning your own home, looking for a fabulous project or adding to your investment portfolio, you'll find something that will appeal to all. LIM report and rental appraisal available on request.

Viewing is strictly through our open homes, Saturday and Sunday at 12pm.
To download the files for this property please visit the link below or click on the more details tab on the Harcourts website for a direct link:
https://www.propertyfiles.co.nz/property/PU200902 Property ID: #PU200902

Property Features

  • Property Type: House
  • Roof: Tile
  • Tenure: Crosslease (freehold)
  • Property condition: Fair
  • House style: Bungalow
  • Garaging / carparking: Single lock-up, Off street, Free standing
  • Construction: Weatherboard
  • Joinery: Timber, Aluminium
  • Insulation: Floor, Ceiling
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes, Net curtains
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Curtains, Drapes,
  • Kitchen: Original, Upright stove, Rangehood, Pantry and Finished in Laminate
  • Living area: Separate living
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Single and Built-in / wardrobe
  • Additional rooms: Family
  • Main bathroom: Bath, Shower over bath
  • Laundry: Separate
  • Views: Urban
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
  • More Details URL: https://www.propertyfiles.co.nz/property/PU200902
  • Virtual Tour URL: http://www.youtube.com/watch?v=cLXvaPJNiNs
Show More

Sold Date

  • 23 October, 2020

Gavin Meyer Harcourts Pukekohe

Tracey Meyer Harcourts Pukekohe

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Harcourts Pukekohe

Office Harcourts Pukekohe Licensed under REAA 2008

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Need to sell before you Buy?

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