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Dave Tomu
3 Galilee Avenue
Red Hill, Papakura
FOR SALE:
Price on Application
Cash Flow Today High-Density Upside Tomorrow
In today's market, smart investors know the ultimate formula: strong, immediate income to cover holding costs paired with massive future upside.
This property delivers both without compromise. With $1,090 per week already coming in from established dual tenancies, you gain immediate serviceability and rock solid cash flow while preparing your development plans.
Key Highlights for Investors
$1,090/Week Immediate Income ($56,680 p.a.)
Dual tenancies provide instant, reliable revenue from Day 1. No vacancy periods, no upfront renovation required. Just continuous cash flow to directly offset holding costs.
5.5% - 6.0%+ Return on Investment
A high-yield asset that beats typical residential returns, offering strong serviceability that keeps the bank happy and strengthens your portfolio's bottom line.
Mixed Housing Urban Zoning
Flat, highly accessible land in a high-density framework. Ideal for multi-unit intensification, terrace housing, or high-density dwellings (subject to territorial authority consent).
Prime Papakura Location
Positioned in a rapidly growing precinct just minutes from public transport hubs, motorway access, and key amenities
ensuring high future buyer demand for whatever you build.
Flexible Investment Strategies
Option A - Landbank & Collect: Secure a strong, diversified yield right away and let market growth increase your equity while the tenants pay down the debt.
Option B - Fast-Track Development: Leverage high-density zoning immediately to maximize site footprint and capitalize on Papakura's high demand for new housing.
Investor Note: Properties that generate a 5.5%-6%+ ROI and fully cover their holding costs during the consent phase are extremely rare.
Ready to Crunch the Numbers?
Don't let another investor beat you to this high-yield site.
Contact Dave today at 021 960 702 to secure your viewing or request the information pack.
