Positioned privately and set well back from the road in ever-popular Owairaka Avenue, this substantial investment offering presents a rare opportunity to secure a high-performing, multi-dwelling asset in a prime location.
Comprising of seven separately titled dwellings, this established block delivers immediate returns with all dwellings currently tenanted, providing a strong and consistent rental income stream from day one.
The property features a well-balanced mix of accommodation:
Six brick units (Flats 1-6)
One standalone three-bedroom house (Flat 7)
The configuration includes:
Five two-bedroom units
One three-bedroom unit
One standalone three-bedroom home which has been recently refreshed
Each dwelling offers practical layouts ideally suited to long-term tenants, while a mix of covered and uncovered parking enhances everyday convenience.
From an investment perspective, the diversity of dwellings creates multiple income streams and adds resilience, while the separate unit titles offer flexibility for future options. The combination of proven performance and scope for ongoing rental growth makes this a compelling addition to any portfolio.
Positioned in a consistently in-demand location, the property is zoned for sought-after schooling including Owairaka District School, Kowhai Intermediate, and Mt Albert Grammar, and enjoys close proximity to public transport, local amenities, Mt Albert Domain, and Owairaka Park.
A rare opportunity to secure a well-established, income-generating asset in a tightly held location.
Tender Closes 3pm Wednesday 13th May 2026 (unless sold prior)
NOTE: The technical info provided (incl. the floor & section sizes) has been sourced from organisations such as RPNZ, Property Guru, RELAB & Auckland Council; these are broad guides for general information only. They are solely intended to provide a general understanding of the subject matter & to help you assess whether you need more detailed information. We recommend you seek your own independent advice on everything material to your purchasing decision.