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1, 2 and 3/25 The Parade, St Heliers, Auckland City

Three tenanted units. One coastal holding.

gavel

Auction

Multiple properties
Multiple properties
Bedroom
6
Bathroom
3
Land area
675m2
Title type
Cross Lease
Garage
1
On this page:

Auction

Wednesday
10:00am
303 Remuera Road, Remuera, Auckland
12
Aug

Open homes

Saturday
1:00pm - 1:30pm
25
Jul
Sunday
1:00pm - 1:30pm
26
Jul

Property details

Listing # 1755555 | Listed on 21 July

Some locations simply get better with time, and St Heliers is one of them.

Positioned approximately 200 metres from St Heliers Beach and village amenities, 25 The Parade offers a complete three-unit package in a suburb where land, lifestyle and long-term demand remain tightly held.

Offered together by the same vendor, the property comprises three two-bedroom units across three separate cross-lease titles. All three units are currently tenanted, producing a combined rental income of $1,805 per week, or approximately $93,860 per annum.

For investors, this is income from day one in a premium coastal location. For land bankers, it is a chance to secure a strategic position with holding income while the future takes shape. For developers, builders and value-add buyers, the ability to acquire all three interests together creates a compelling opportunity in a tightly held beachside pocket.

Walk to the beach, the village, cafés, restaurants and everyday amenities, all while holding an asset with income, control and future optionality.

Whether your plan is to hold, improve, rent, land bank or investigate what may be possible, this is a property worth serious consideration.

Future options are subject to purchaser due diligence and all relevant approvals.

Income today. Control of the full package. Coastal upside for tomorrow.

Contact Jarrod Qin for the full property information memorandum and viewing details.

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