Under clear instructions from the Receivers, this partially completed multi-unit investment will be sold.
Positioned prominently on Te Irirangi Drive, one of East Auckland's busiest commercial corridors, this property presents an outstanding opportunity for investors or developers to secure a near-complete, high-yield mixed-use asset and unlock its full potential.
Comprising three-unit titles and spanning approximately 514sqm of retail space plus 11 one-bedroom studio apartments on the first floor, the property is ideally suited to deliver a diversified income stream across both commercial and residential tenancies.
Investment highlights
- Split risk investment with obvious add-value opportunity
- Estimated holding income $323,008 net per annum + GST
- Strategically located in Flat Bush
- Zoning: Mixed Use Zone
- Total commercial area of 514 sqm (approx.)
- 11 x short term residential units
This is a rare opportunity to acquire a high-profile, income-producing property with multiple upside options in one of Auckland's fastest-growing precincts.
NAI Harcourts is favoured with instructions from the Receivers to offer Unit 3-5, 302 Te Irirangi Drive, Flat Bush, Auckland for sale by Tender closing 4pm on 27th November 2025. (unless sold prior)
