A rare opportunity to secure a substantial, professionally managed residential investment at 5 Kidbrooke Street, offering an exceptional combination of established income, significant land holding, and strong potential income growth. Set on an expansive 8,089 sqm of flat RS-zoned land with over 135 metres of street frontage, this property currently generates over $638,000 in combined gross annual income as at the *1st November 2026.
With an established management structure already in place, investors can explore opportunities to increase income. Beyond its existing income stream, the substantial landholding presents exciting potential for future subdivision, intensification, or redevelopment, subject to planning regulations and resource consents.
Conveniently located near Eastgate Shopping Centre, Te Pou Toetoe: Linwood Pool, local parks, schools, Sumner Beach, and the Port Hills, the property combines scale, accessibility, and long-term investment appeal. 5 Kidbrooke Street is an outstanding opportunity for investors and developers seeking a substantial income-producing asset with future options.
Contact Mike Lough the sole agent today for further information.
For Sale by Deadline Private Treaty closing 4pm, Thursday 3 December (unless sold prior).
*Boundary lines are indicative only. Subject to change.
Features:
- Residential suburban zoned land
- 8,089 sqm land area (more or less)
- Proven high income performing asset
- Potential development site with income
- Excellent amenities
- Professionally Managed
- Strong tenant rental demand
More information: https://www.colliers.co.nz/p-NZL67043292
