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312/3 Kaipiho Lane, Albany, North Shore City

High Yield Investment Opportunity - Central Albany

dollar

$600,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Title type
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Property details

Listing # 923006 | Listed on 12 November 2025

Immediate Cash Flow – Professional Tenant in Place – Prime OKLA Complex

Skip the marketing uncertainty and step straight into a high-performing asset. This designer apartment in the prestigious O.K.L.A. development is already tenanted at $610 per week, offering a solid 3.83% Net Yield or even higher (after management, rates, and body corp).

With a vendor committed to selling, this is a "plug-and-play" addition to your portfolio in a location that guarantees near-zero vacancy.

The Investment Fundamentals:

  • Proven Returns: Currently returning $31,720 gross per annum.
  • Net Yield: A transparent 3.83% net return (calculated at $600k asking price).
  • Low Maintenance: Modern construction by Haydn & Rollett means no looming renovation costs or healthy homes compliance worries.
  • High Occupancy Zone: Located within walking distance to Massey University, Albany Busway, and major retail hubs, ensuring a constant stream of high-quality professional and student tenants.

The Property: Unit 312/3
Designed by Ignite Architects, this 59m² + 9m² balcony apartment is the gold standard for inner-city Albany living.

  • Flexible Layout: One spacious bedroom + a study large enough to function as a second bedroom, maximizing rental appeal.
  • Modern Specs: Double-height lobby, floor-to-ceiling windows for natural light, and high-end finishes throughout.
  • Parking Solutions: Convenient options available via on-site rental or the adjacent Wilson parking.

Location: The Engine Room of the North Shore
Investors know that location drives capital growth. This property sits in the heart of Albany’s retail and education hub:

  • Transport: 5-minute walk to the Albany Busway Station.
  • Education: Zoned for Pinehurst and Kristin; walking distance to Massey University.
  • Retail: Mere minutes from Westfield Albany, Asian supermarkets, and QBE Stadium.

The vendor's instructions are clear: SELL. Secure a modern, high-yielding asset in Auckland’s most convenient growth hub today.

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