5 Units | 23 Orams Road, Hillpark, Manurewa

To be sold by Auction on 31st March 4.00pm

Held tightly for 21 years, this quality-built investment offers a rare opportunity to secure a proven, income-producing asset in a high-demand location.

Situated at 23 Orams Road, Hillpark, Manurewa, this solid five-unit complex occupies 1,366m² (more or less) of freehold land and has been purpose-built to deliver consistent passive income and long-term capital growth.

Constructed from enduring brick and concrete, the property provides strength, durability, and low maintenance - the essential foundations of a reliable, stress-free investment.

Positioned in sought-after Hillpark within the thriving Manurewa community, tenant demand remains consistently strong, reinforcing the long-term desirability of this asset.

Property Highlights

• Five spacious units comprising:
• Four x two-bedroom units
• One x four-bedroom unit
• Open-plan living with separate kitchens
• Northerly aspect providing warm, sun-filled interiors
• Undercover single carport for each unit
• Individual lock-up storerooms
• Easy-care grounds requiring minimal upkeep

Current annual rental income: $137,800 per annum

Independent rental appraisal:

• 2-bedroom units: $500 - $550 per week
• 4-bedroom unit: $750 - $800 per week

Appraised annual rental income: Circa $143,000 per annum

With a history of high occupancy and predominantly long-term tenants, this is a stable, proven performer. Professionally managed and well maintained, the complex offers dependable returns with minimal oversight required.

Perfect for absentee investors, portfolio builders or buyers seeking a multi-income asset with scale, stability, and upside.

The Opportunity

Investment-grade properties of this scale, construction quality, and tightly held history are rarely brought to market.

Secure a well-established, multi-income asset in a location underpinned by consistent tenant demand and long-term growth fundamentals.

Auction: _31st March 2026 4.00 pm