top of page
4CookeStreet-16.jpg

2 properties, 1 title on 933sqm RSDT land

 

THE FACTS:​

  • Two self-contained flats on one freehold title

  • Configuration: 1 x 2-bedroom flat, 1 x 2-bedroom + office flat

  • Combined rental income: $950 per week

  • Both tenants on periodic tenancies

  • 933sqm corner site

  • Zoned Residential Suburban Density Transition (RSDT)

  • School zones include Cashmere High School and Somerfield School

  • Freehold title

  • To be sold on or before auction day

​​

THE FLUFF:​

Developers, investors, and land-bankers, this is the kind of opportunity that quietly builds wealth in the background.

​

Positioned on a substantial 933sqm corner site in an increasingly sought-after pocket, this property delivers immediate income with long-term upside. Two rental streams on one freehold title provide strong holding income today, while the Residential Suburban Density Transition zoning opens the door to tomorrow's development potential.

​

With reliable tenants who are happy to stay, you can step straight into consistent cash flow from day one. Whether you're expanding your portfolio, securing a future project site, or helping family into their first home while retaining income from the second dwelling.

​

Zoned for desirable schooling and located in a proven growth area, this is smart buying with flexibility written all over it.

​

Our vendors have appreciated the steady returns, but their next chapter calls. Opportunities with this combination of land size, income and zoning rarely sit still.

​

Disclaimer: unit 2 photos are not current

2 Cooke Street, Somerfield

Auction Wednesday 25th March (unless sold prior)

x 4

x 2

x 4 car 

Screen Shot 2020-10-09 at 12.29.17 PM.png

Mere Keegan

​

027 375 4777

mere@thehancockgrp.com

bottom of page