Commercial

Fully leased dual-block passive income apartments

60 Smythe Road, Henderson

Commercial Land
dollar

Negotiation

Floor area
612m²
Land area
675m²
Title type
Unit Title

Map

Property description

Listing # 1781018|Listed on 14 July
  • Brand-new, immaculately presented boutique apartment complex comprising two buildings
  • 12 apartments in total, offering a mix of one- and two-bedroom layouts. Includes 6 onsite car parks
  • Strategically positioned close to WestCity Shopping Centre and Henderson Train Station
  • Fully leased to a Community Housing Provider (CHP) with professional on-site management in place
  • Strong and stable rental return of approximately $321,360 per annum
  • A compelling opportunity for residential investors and accommodation operators

Brand-new, immaculately presented boutique apartment complex comprising two buildings, offering a rare freehold investment opportunity in a strong growth location. The property comprises 12 apartments in total, a mix of spacious one- and two-bedroom layouts, all finished to a high standard. It includes 6 on-site car parks. It is providing flexibility and long-term ownership security over approximately 675 sqm of fee simple land.

The asset is fully leased to a Community Housing Provider (CHP), delivering a strong and reliable income stream of approximately $321,360 per annum. The property is professionally managed with full-time on-site managers ensuring smooth operations and well-maintained tenancy outcomes.

Positioned in a rapidly growing residential precinct, the property is adjacent to Henderson High School and enjoys outlooks across surrounding sports fields and Henderson Park. It is within walking distance to Henderson Train Station, WestCity Shopping Centre, and Unitec, with excellent access to motorway connections and public transport.

A standout residential investment offering scale, security, and long-term income stability in a proven Auckland growth suburb.

Contact us today to discuss this exceptional portfolio-grade opportunity.

Your notesYour notes
Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial

Tommy Zhang

Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial
8 active listings
Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial

Craig Smith

Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial
10 active listings

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