41 Margaret Road, Papatoetoe, Auckland

Discover 41 Margaret Road, Papatoetoe, Auckland. This development is conveniently located in the heart of Manukau and is just a stone's throw away from public transport into the CBD, local schools, and amenities.

This development consists of seven townhouses with two bedrooms and one or two-bathroom options. Each townhouse features an open-plan living, dining, and kitchen layout. Stepping out from the main living area, you will have your own private outdoor deck and courtyard, perfect for entertaining or relaxing.

Upstairs you will find two bedrooms. The layouts offer the choice of one family bathroom or two bathrooms, including one being an ensuite. All bathrooms feature a tiled, frameless glass shower and a space-saving floating vanity. All townhouses also include an off-street car park for added ease.

41 Margaret Road ensures a hassle-free move-in experience with keyless front door systems, a heat pump, Samsung appliances, and window blinds included.

These townhouses are built for contemporary living and are suited for all types of home buyers.

This neighbourhood is the perfect place for young families looking to put their roots down. With a comfortable distance from city living, the street provides access to public transport such as the Puhinui Train Station nearby to take you to the heart of the city. Additionally, just a short stroll away is the peaceful Murdoch Park.

Completion q4 2025

Location

41 Margaret Road is conveniently located just a short drive from essential shopping, dining options, and public transportation, including the nearby train station. Murdoch Park is also within easy walking distance from this development.

• Puhinui Train Station 1.3km

• New World Papatoetoe 2.0km

• Middlemore Hospital 4.0km

• Auckland Airport 6.2km

• Auckland CBD 21.4km

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Analysis

Investing in new-build properties, particularly townhouses, in Papatoetoe, Auckland, presents an exciting opportunity in the current market. As of mid-May 2024, there is a limited number of 2-bedroom units available for rent in Papatoetoe, indicating the area's scarcity of rental properties.

In February 2024, the median sale price for newly built properties in Papatoetoe was $870,000, compared to the New Zealand average of $800,000. 

With a gross yield of up to around 4.8% for this development, investing in these newly built properties in Papatoetoe offers capital growth potential and rental income. Townhouses, in particular, emerge as a lucrative investment option due to their compact yet functional designs, which cater well to urban dwellers seeking contemporary living spaces.

The affordability of townhouses in Papatoetoe appeals to a diverse demographic, including first-time homeowners and young professionals. This broad market appeal translates to sustained demand, fostering a robust rental market. Investors can leverage this consistent demand to secure a reliable rental income stream, enhancing the attractiveness of townhouse investments in Papatoetoe.

Current projects