24 Culver Terrace, Howick, Manukau

Cash flow plus land banking - a rare find

Two Houses on a Single Title:
Main House: 5 bedrooms (including a self-contained area) and 3 bathrooms. Meeting Healthy Homes standard.
Cottage: 3 bedrooms, meeting Healthy Homes standards.
Land Size: Generous 890sqm rear section in a quiet cul-de-sac.

Income: Combined rental income of over $92,000 per annum:
Main House: $1100 per week.
Cottage: $670 per week.

Main House Features
Spacious and Functional: Five bedrooms, including a flexible self-contained area for extended family or visitors.
Modernized Comfort: Renovations completed, including three modern bathrooms.
Entertainment-Friendly: Two large living areas and a year-round entertainment space with a spa.

Cottage Features
Strong Rental Potential: Estimated rental return of $670 per week.
Healthy Homes Compliant: A turnkey solution for generating additional income or housing extended family.
Investment Potential
Cash Flow and Land Banking: Excellent opportunity for investors looking for a property that generates immediate income while also
holding future land value.

Multi-Generational Living: Perfect for families wanting privacy and comfort for everyone within one property.
Location Benefits
Convenient and Desirable: Close to top-rated schools, parks, shopping center's, and entertainment, offering a high quality of life.

This property is a rare find, offering a combination of financial returns, versatility, and comfortable living. Whether you're an investor or looking for a multi-generational living solution, this opportunity provides flexibility, convenience, and strong returns.
If you're interested, make sure to act quickly - properties like this don't stay on the market for long!