Positioned in the growing suburb of Ranui, this high-quality residential investment offers an exceptional opportunity for investors seeking secure income and modern construction.
Comprising 7 well-appointed two-bedroom accommodation units, the property has been thoughtfully developed to meet today's tenant expectations. Each unit is modern in design and fully compliant with Healthy Homes standards, ensuring low maintenance and long-term tenant appeal.
The property is currently occupied by a respected community housing provider, delivering strong and reliable rental income of $218,400 per annum.
Set in a convenient West Auckland location, Ranui continues to benefit from ongoing residential growth, improving infrastructure, and strong rental demand, making this a compelling long-term hold.
Key Features:
- 7 x 2-bedroom modern accommodation units
- Healthy Homes compliant
- Returning $218,400 per annum
- Occupied by established tenant
- Low-maintenance, purpose-built investment
This is a rare opportunity to secure a fully tenanted, modern residential investment with strong income and low maintenance.
Even better the vendor is going through the process of giving each of the seven units its own title giving you flexibility and added value!
The property is to be sold via deadline sale Deadline Sale closes at 4.00pm Tuesday 26 May 2026, Harcourts, 308 Hastings Street, Napier (unless sold prior)
For further information please contact the sole listing agents Shannon Caldwell and Rodney Jobse at NAI Harcourts