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5 Leonard Place
Otara, Manukau
FOR SALE: $760,000
Freshly Renovated- Ignore the CV
This 1960's weatherboard home presents clear, ready-to-go opportunities to add value and future return and comes to market for the first time in over 15 years.
**Agents: Bring your buyers, we're here to change the industry & openly conjunct with all agencies**
• Prime 850sqm Section - Zoned Residential Mixed Housing Suburban Zone, the generous land also offers ample redevelopment opportunity with up to 5 lots possible (pending council approval).
• Ideal for Growing Families - configured for comfortable living now, with ample outdoor space for kids to play and for families to expand with loads of room to add a minor dwelling.
• Significant Value-add Opportunity - with new government and building-consent rule changes on the horizon, you could add a separate minor dwelling (up to 70sqm) on the front of the house - creating extra living space or a rental unit. Integral Advice+2Building.govt.nz+2
• Smart Long-Term Investment - you're not just buying a home. You're investing in a property with upside: a large section, potential dual dwelling setup, strong demand for family-friendly homes and rentals. Most recently rented out for $650 per week / $33,800 PA. Also fully healthy homes compliant and is well insulated in both the ceiling and underfloor, as well as a recently installed heat pump. There is also potential here to potentially create a 4th bedroom within the ground level rumpus area.
**There may be some flexibility if you need to sell your home to buy this one. Get in touch to discuss options**
If you're after more than just a starter home - a place to grow, add value, and create long-term wealth - then 5 Leonard Place fits perfectly. You'll enjoy comfortable everyday living now, and when new rules come into effect, you have the flexibility to expand: perhaps build a minor dwelling and turn it into a rental or live-in extension for extended whanau.
Close to public transport routes, motorway access, located next to East Tamaki, Botany and only 18kms from Auckland CBD. Just a short drive to an abundance of shops and supermarkets within central Manukau - there is no shortage of local amenities.
**At Professionals Real Estate, we're not here to follow the status quo - and we're certainly not here to be ordinary. Our vision is to set a new standard of trust, transparency, and performance - delivering greater value and better results for our clients. We're here to do real estate differently. #WelcomeHome**
