37 and 37A Alabaster Road, Papatoetoe

Auction Wednesday 2nd April 2025(Unless sold prior)

5 Bed
2 Bath
1 Garage

Open homes

Saturday 22nd Mar
1:00pm - 2:00pm

Home & Income Papatoetoe Location


Must Sell Situation
Looking for the perfect investment property or a home with extra rental income? This fantastic home and income opportunity in the heart of Papatoetoe offers flexibility, strong rental returns, and a prime location with easy access to amenities. Whether you’re an investor looking to expand your portfolio or a growing family wanting space for extended relatives, this property ticks all the boxes!

Property Features:
Front Home: A spacious 3-bedroom, 1-bathroom house, currently rented for $650 per week, with a rental appraisal of $680 - $720 per week. The home is well-maintained, offering comfortable living for tenants or future homeowners.

Back Home: A 2-bedroom, 1-bathroom dwelling with a single garage, currently rented for $550 per week, with a rental appraisal of $580 - $630 per week. An excellent additional income source or perfect for extended family members who want privacy while staying close.

Both dwellings have separate water meters and power connections, ensuring easy management for investors and landlords.

Freehold 601sqm section under one title, offering excellent land value and future potential.

Ideal For:
- Savvy investors looking to add a high-yield property to their portfolio.
- Large or extended families who want to keep parents or children close while maintaining independent living.
- Homeowners who can live in one dwelling and rent out the other to help with mortgage repayments.

Prime Papatoetoe Location:

  • Easy access to motorways, making commuting a breeze.
  • Close to Aorere College and other reputable schools.
  • Near public transport, shopping centres, and everyday amenities, ensuring convenience for tenants and owners alike.

Well-Maintained & Tenanted – No Hassle for Buyers!
Both properties have been kept neat and tidy by long-term tenants who are happy to stay on, providing instant rental income for the next owner.

MUST SELL at Auction – 2nd April 2025!
The owners’ circumstances have changed, and they are committed to selling this property on auction day. Don’t miss this rare chance to secure a dual-income investment or a perfect family setup!

Contact us today for more details or to arrange a private viewing!

Property details

Location:
37 and 37A Alabaster Road, Papatoetoe
Property type:
Home and Income
Land area:
601m²
Bedrooms:
5
Bathrooms:
2
Garaging:
1
Property ID:
909295

Auction details

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

In zone schools

Nearby schools

  • Papatoetoe North School 1.2 km
  • Kingsford School 1.4 km
  • Papatoetoe South School 1.5 km
  • De La Salle College 1.8 km
  • Holy Cross School (Papatoetoe) 1.9 km
  • Mangere East School2.2 km
  • Jean Batten School2.4 km
  • Papatoetoe Central School2.4 km
  • King's College2.4 km
  • Puhinui School2.4 km
  • Papatoetoe Intermediate2.6 km
  • Southern Cross Campus (Yrs 7-8)2.8 km
  • Southern Cross Campus (Yrs 9-15)2.8 km
  • Southern Cross Campus (Yrs 1-6)2.8 km
  • Te Kura Māori o Ngā Tapuwae2.9 km
10 more schools

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