A rare opportunity to acquire a strategically positioned, income-producing asset offered under an asset realisation sale process.
Positioned on a high-exposure arterial corridor with constant vehicle flow, the property connects key residential and commercial catchments across the eastern suburbs, with immediate access to St Johns, Meadowbank and St Heliers - a tightly held and consistently demanded area.
Key Investment Highlights
• 16 accommodation units
• Two freehold titles
• Prominent road frontage on St Johns Road
• Long-term lease in place providing stable holding income
• Strategic location with strong underlying land value
• Development and repositioning upside (subject to due diligence)
• High-profile site with significant daily traffic exposure
• Indicative CV circa $4.3 million (to be confirmed)
Investment Profile
A passive holding investment with secure income under a long-term lease structure. Suits investors seeking:
• Passive income with minimal management
• Land banking in an established Auckland corridor
• Future redevelopment or intensification potential
Sale Process
The property is offered for sale by Public Tender (Asset Realisation).
• Information Memorandum: available upon registration
• Tender documentation: provided to qualified parties
• Inspection: strictly by appointment only
To receive the Information Memorandum and participate in the tender process, please submit:
• Full name/entity details
• Contact information
• Proof of purchasing capability (if requested)
All enquiries and registrations to be submitted via email.
Viewing Option: Sunday 17th May 3:30 PM - 4:00 PM
Wednesday 20th May 11:00 AM -11:30 AM
Wednesday 27th May 11:00 AM - 11:30 AM
Tender Closes 5pm 29th May 2026
