6 x 2-bedroom flats across 3 standalone blocks

Returning $2,740 per week with full occupancy

5 tenanted, 1 vacant (almost ready to be filled)

2022m² freehold landholding

Professionally managed

Positioned on Kopu Road, this substantial multi-unit property offers a compelling opportunity for investors seeking scale, consistent income, and a diversified rental stream.

Configured as six flats across three separate blocks, the property provides a total of 12 bedrooms and 6 bathrooms, spread across multiple tenancies for risk distribution. Currently, five units are tenanted, with one vacant and nearly ready for tenancy.

The property is currently professionally managed, supporting smooth day-to-day operations and continuity for a new owner.

The flats are designed for practical, low-maintenance living, with functional kitchens, open-plan living areas, and good natural light. The layout supports ease of management and appeals to a broad tenant pool.

Set on a generous 2022m² freehold section, the property includes six off-street car parks, straightforward access, and manageable grounds - well suited to a multi-unit investment.

Well located near local schooling, amenities, and the Wairoa township, the property sits within a steady rental market with ongoing demand.

The property was affected by the June 2024 Wairoa flooding event, where parts of the township experienced inundation due to heavy rainfall and river conditions. Remedial work has since been completed under insurance, with the concrete floor construction helping limit any lasting impact. Further documentation is available to interested parties.

Council rates for the 01/07/2025 – 30/06/2026 rating year are:

Wairoa District Council (2026 levy): $19,572.35

Hawke’s Bay Regional Council: $1,835.79

Contact Team Green for further information, Laurie - 0275887788 or Jana - 0274947961.