Auction: 34 Shortland Street, City on Thursday 27 November 2025 at 10:00AM (unless sold prior)
An exceptional freehold opportunity combining strong income, solid structure, and impressive future potential. More than a rental, this property represents a rare landbank in one of West Auckland’s most strategic urban pockets.
- 999 sqm freehold flat site – Mixed Housing Urban Zone
- 3 separate tenancies returning approx. $56,680 p.a.
- Easy sewer connection near driveway – low development cost
- Solid brick & tile 1960s home plus two attached 1-bed flats
- Superb position near Blockhouse Bay Village and transport links
Built in the 1960s, the main brick-and-tile home features four generous bedrooms and comfortable family living, complemented by two self-contained one-bedroom flats offering excellent versatility. Currently rented to three households, the vendor confirms weekly rents of $495 (4-bed), $295 (1-bed), and $300 (1-bed), generating a total of around $56,680 per annum. Based on recent rental averages in the surrounding area, the achievable annual income could be around $70,000 (for reference only).
Set on a 999 sqm flat freehold site within the Residential – Mixed Housing Urban zone, this property offers superb potential for multi-dwelling redevelopment or long-term capital growth. With the sewer line conveniently located near the driveway, any future project becomes more cost-efficient.
Privately positioned down a right-of-way off Blockhouse Bay Road, yet moments from cafés, supermarkets, schools and the beach—this is a location that continues to attract both tenants and developers alike.
Contact Roman Hu at 021 590 027 for viewing. Conjunctional sales are welcome.