4 & 6 Edgerley Avenue, Newmarket / Epsom (THAB, DGZ)
Rare opportunity - buy one, or acquire both.
Two freehold, multi-unit properties on the Newmarket / Epsom fringe, fully tenanted and delivering exceptional holding income today with clear upside for renovation, yield optimisation or future redevelopment (subject to Council approval).
Located within easy walking distance of Westfield Newmarket, rail and bus links, and the Domain. Zoned Terrace House & Apartment Buildings (THAB) and inside the premium double-grammar zone for Auckland Grammar & Epsom Girls' Grammar - highly attractive to tenants, investors and developers alike.
Investment highlights
Immediate, strong rental income with a history of high occupancy.
Land area (combined): 1,627 m² (4 Edgerley 819 m² + 6 Edgerley 808 m²). Providing scale for redevelopment or staged value-add projects.
Building area (approx): 4 Edgerley 209 m²; 6 Edgerley 255 m².
Current weekly rent: 4 Edgerley $1,630/wk, 6 Edgerley $2,300/wk, Total $3,930/wk
Flexible purchase options: buy a single income producing asset, or secure both properties for a larger development footprint and greater long-term upside.
For more information, rent schedules, tenancy details or to arrange a viewing:
Han Sun - Licensed Salesperson
021 453 135