9 Hokonui Road Otahuhu, Auckland City

SOLD AT AUCTION BY ALISON WEAKLEY (021) 901720

725m2 of prime land zoned high density THAB (Terraced Housing & Apartment Zone). The opportunites are endless here - build 5 x free standing homes, or 6 x terraced homes or 16 x Apartments (subject to council approval) - the choice is yours.

Desirable road frontage land with it's own driveway and situated in a sought after location just down the road from Mt Wellington and Sylvia Park.

The existing weatherboard bungalow is currently returning an annual rental income of $46,800 ($900/week) to great tenants keen to stay on. In great condition, it has been re-wired and re-plied and recently renovated. Rented to one family at $900/week the property has been converted to 2 x 2 bedrooms with 2 separate entrances.

Developers do your numbers - buy now and collect the rental income whilst doing your resource and building consents. It's a no brainer.

View Wednesday's & Saturday's 12 - 12.30pm.

To be sold at auction on Thursday 17th December at 4pm.