One solid concrete building. Six spacious units. Six strata titles on freehold land.
Investment opportunities like this are extremely rare - now is your chance to secure this asset
Purpose-built in 2017 for long-term durability and quality living, this substantial complex offers approximately 570m² of combined floor area on 687m² of freehold land at 200 Pilkington Road, Point England.
Strong Income with Upside
• Combined current gross income: Approx. $177,320 per annum
• Combined independent rental appraisal: $197,600 - $211,120 per annum (market rental upside available)
• 100% occupancy with long-term tenants in place
Built with insulated concrete and masonry construction, concrete inter-tenancy floors and double glazing throughout, this is a low-maintenance asset designed to perform.
Property Features
• One building comprising six apartments
• Four 3-bedroom and two 2-bedroom layouts (six units in total)
• Six strata titles on freehold land
• Open-plan living in every unit
• Heat pump and dishwasher in each apartment
• Allocated carport plus private storage locker per unit
• Durable Colorsteel roof
• Solid concrete construction throughout
Located approximately 9km from Auckland CBD, close to Glen Innes and Panmure train stations, Sylvia Park and key transport routes, and within the Terrace Housing and Apartment Building Zone and wider Tāmaki regeneration area.
The advantage is clear: one block, six strata titles on freehold land.
Hold as a premium multi-income asset, with the flexibility to sell individual units later and release capital progressively. Strong occupancy history and long-term tenancy support provide reliable income. Tenant demand in this area remains steady, offering long-term investment confidence.
Professionally managed and well maintained with an established property manager in place, this is an excellent opportunity for investors seeking performance and stability.
Rarely do properties of this caliber become available.
Documents Available:
Information Memorandum, Property Description, Building Description, Floor Plans, Tenancy Schedule, Outgoings Breakdown, CT, LIM, Property File, Rental Appraisal, Approved S&P Agreement, Healthy Homes Certificates, Council Valuations & Rates Info, Purchaser Acknowledgements
