64 Megan Avenue, Pakuranga Heights

$1,550,000

8 Bed
3 Bath
3 Lounge
1 Garage
1 Carport

Legal Home & Income Corner Site


Situated in the heart of Pakuranga Heights, this legal home and income property on a 685m² (more or less) corner site presents a rare opportunity for investors, large families, or developers. With a fully renovated main house and a separate 2-bedroom legal minor dwelling, this property offers strong rental income, long-term potential, and excellent future development flexibility.

Main House – Spacious & Modern
  • Upstairs: 3 bedrooms, a brand-new kitchen, renovated bathroom, separate toilet, and a bright living area.
  • Downstairs: 3 additional bedrooms with a separate entrance, a second bathroom, a rumpus/living area, and a laundry.
  • Triple carport attached to the main dwelling.
  • Current rent: $830 per week (market rent potential: $1,000+ per week).

Legal Minor Dwelling – Secure Income
  • Standalone 2-bedroom unit with a living area, kitchen, bathroom, and laundry
  • Current rent: $500 per week.
  • Garage next to the minor dwelling, currently used as storage.

Unbeatable Location & Development Potential
  • Prime corner site, offering the potential to build multiple driveways, enhancing future subdivision possibilities.
  • Wastewater on-site & stormwater access nearby – a developer’s dream.
  • Conveniently close to motorways, Botany Town Centre, Pakuranga Plaza, and major transport upgrades (Eastern Busway & Reeves Road Flyover).

Solid Investment with Secure Tenancies
  • Main house tenants (5+ years) – fixed tenancy until September 5, 2025.
  • Stable minor dwelling tenants – keen to stay long-term.
  • Total rental income: Over $1,300 per week, with high future potential.

A high-yield cash cow with capital growth and development upside – don’t miss out!

Contact today for an immediate viewing!

Property details

Location:
64 Megan Avenue, Pakuranga Heights
Property type:
Home and Income
Land area:
685m²
Bedrooms:
8
Bathrooms:
3
Rumpus:
1
Separate Laundry:
2
Separate Lounge:
2
Garaging:
1
Carport:
1
Property ID:
905080
Title(s), LIM - Land Information Memorandum, Rental Appraisal

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • Elm Park School 0.9 km
  • Pakuranga Heights School 1.0 km
  • Pinnacle Global Academy 1.7 km
  • Saint Kentigern College 1.8 km
  • St Mark's School (Pakuranga) 1.9 km
  • Sunny Hills School2.0 km
  • Elim Christian College2.1 km
  • Anchorage Park School2.3 km
  • Wakaaranga School2.4 km
  • Farm Cove Intermediate2.4 km
  • Pakuranga College2.4 km
  • Botany Downs Secondary College2.7 km
  • Star of the Sea School (Howick)2.7 km
  • Point View School2.7 km
  • Botany Downs School2.8 km
10 more schools

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