Prime Location, Premium Zoning & Proven Income - All in One Rare Newmarket-Epsom Address
Offered for sale individually or as a combined portfolio, these two fully freehold, tenanted multi-unit properties sit on the highly sought-after Newmarket and Epsom fringe. Currently delivering strong, stable rental returns with full occupancy history, the assets present immediate holding income alongside significant future upside through renovation, yield enhancement, or long-term redevelopment (subject to council consent).
Perfectly positioned within walking distance of Westfield Newmarket, public transport links, and Auckland Domain, the properties enjoy the highly desirable THAB (Terrace House and Apartment Building) zoning and fall within the prestigious Auckland Grammar and Epsom Girls' Grammar double grammar zone. This unparalleled combination of location and zoning delivers powerful appeal to tenants, passive investors, and land bankers alike.
Key Investment Highlightsï¼
- Strong Passive Income - Fully tenanted assets with consistent high occupancy, delivering immediate, reliable weekly rental returns.
- Substantial Land Scale - Combined land area of 1,627m² (819m² at 4 Edgerley Avenue + 808m² at 6 Edgerley Avenue), offering significant scale for future value-add projects or staged redevelopment.
- Building Floor Area - Approx 209m² (4 Edgerley Avenue) / 255m² (6 Edgerley Avenue).
- Current Weekly Rental Return
4 Edgerley Avenue: $1,630 p/w
6 Edgerley Avenue: $2,300 p/w
Total: $3,930 p/w
- Flexible Purchase Strategy - Acquire a single high-yielding investment property, or secure both sites to consolidate a large-scale development footprint and maximise long-term capital gain potential.
Properties boasting this unique blend of central location, premier double grammar zoning, flexible THAB land use and established rental income are exceptionally rare in the Auckland market. Ideal for investors seeking secure cash flow, land banking opportunities, or future redevelopment upside - this is a standout opportunity not to be overlooked.
For full information, tenancy schedules, rental histories or to arrange a private viewing:
Han Sun | Licensed Salesperson | 021 453 135
Joann Xu | Licensed Salesperson | 021 568 899
Property particulars sourced from third parties for reference only.
