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House for Sale

3 Galilee Avenue Papakura, Papakura

Price By Negotiation
  • 3 Beds
  • 2 Baths
  • 6 Cars

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3 Galilee Avenue, Papakura, Papakura

House for Sale in Papakura

ATT: INVESTORS & DEVELOPERS:

  • 3 Beds
  • 2 Baths
  • 6 Cars
Listed By:
Ray White Mission BayFive AM Bayside Realty Limited Licensed (REAA 2008)

Immediate Cash Flow: $1,090 per week
Zoning: Mixed Housing Urban (Development Potential)

The Overview
Smart investors look for these things right now:
immediate yield to carry the holding costs, and a massive exit strategy.
This property hands you both on a silver platter. With $1,090/week already rolling in from dual tenancies, your bank manager will love the serviceability while your surveyors draw up the subdivision plans (of course with territorial authority consent).

Why This Belongs In Your Portfolio:
Immediate $1,090/Wk Dual Income: No waiting for renovations or trying to find tenants. The cash flow is live from day one, significantly offsetting your mortgage holding costs.
5.5% to 6% ROI

High-Density Development Potential: Situated in a high-growth zone under the Mixed Housing Urban framework. Flat, accessible land ripe for multi-unit intensification (subject to council approval).

Location is Key: Papakura is rapidly expanding. Minutes away from public transport hubs, motorway access, and local amenities, ensuring high future resale demand for whatever you build.

The Strategy Options:
Land Bank & Collect: Enjoy a strong, diversified rental yield from day one and let capital growth do the heavy lifting.

Develop Immediately: Leverage the high-density zoning to maximize the site's footprint and build high-demand terrace housing or units.

Urgent Note: Sites that genuinely pay for themselves while you wait for consent are becoming incredibly rare in the current market.

Ready to crunch the numbers?
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Please download property documents through this link: https://vltre.co/NUlrSE

Features:
  • Living Room
  • Sleepout
  • Electric Hot Water
  • Heat Pump
  • Modern Kitchen
  • Open Plan Dining
  • Separate Bathroom/s
  • Separate WC/s
  • Combined Lounge/Dining
  • Electric Stove
  • Very Good Interior Condition
  • Double Garage
  • Fully Fenced
  • Concrete Tile Roof
  • Good Exterior Condition
  • Southerly Aspect
  • Urban Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Level With Road
  • Shops Nearby
  • Public Transport Nearby

See all features

Chattels:
  • Light Fittings
  • Extractor Fan
  • Rangehood
  • Fixed Floor Coverings
  • Wall Oven
  • Cooktop Oven
Property ID:

MSB31712

Building:

90m²

Land:

683m² / 0.17 acres

Parking:

2 garage spaces and 4 off street parks

Bedrooms:

3

Bathrooms:

2

Listed By:
Ray White Mission BayFive AM Bayside Realty Limited Licensed (REAA 2008)
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