Rare Investment Opportunity – Multi-Dwelling Property with Strong Returns
92 Parkers Road, Tahunanui
Offers Over $1,150,000
Ref: TR42708
- 10 Beds
- 6 Baths
- 0 Spaces
Open Home
25 May 2025
11:45 AM – 12:15 PM
Set on a generous 1515sqm freehold section in a private rear site in sought-after Tahuna, this unique property is just minutes from the beach and airport.
Originally built in 1965 as motel units, the property comprises two standalone 150sqm dwellings, each with two identical 2-bedroom units (4 in total). Each unit offers a lounge, combined kitchen and laundry, private outdoor space, carport, off-street parking, heat pump, garden shed, and washing line. All four are currently tenanted by long-term tenants and fully compliant with Healthy Homes standards.
Adding even more value are two fully self-contained studio cabins, also tenanted, complete with heat pumps, garden sheds, and washing lines. The kitchens include a fridge, washing machine and dishwasher.
With plenty of room to add more dwellings or the potential to subdivide each unit into separate freehold titles and sell separately, this property presents a rare chance to secure a high-performing rental investment with future development upside.
Contact Emma or Dwayne today for the full information pack including current rental details.
Originally built in 1965 as motel units, the property comprises two standalone 150sqm dwellings, each with two identical 2-bedroom units (4 in total). Each unit offers a lounge, combined kitchen and laundry, private outdoor space, carport, off-street parking, heat pump, garden shed, and washing line. All four are currently tenanted by long-term tenants and fully compliant with Healthy Homes standards.
Adding even more value are two fully self-contained studio cabins, also tenanted, complete with heat pumps, garden sheds, and washing lines. The kitchens include a fridge, washing machine and dishwasher.
With plenty of room to add more dwellings or the potential to subdivide each unit into separate freehold titles and sell separately, this property presents a rare chance to secure a high-performing rental investment with future development upside.
Contact Emma or Dwayne today for the full information pack including current rental details.