This is a true North Shore trophy — and one that hasn’t been available in over four decades. First time on the market since the 1980s, this tightly held 1,252sqm prime coastal holding represents a limited-edition opportunity that simply does not repeat. Three fully legal, income-generating homes sit across this substantial landholding, delivering immediate high-yield returns while securing an irreplaceable footprint in one of Auckland’s most exclusive coastal pockets. For the serious investor or strategic land-banker, this is not just property — it’s position, scale, and long-term leverage in its purest form.
INVESTMENT HIGHLIGHTS
Triple Legal Dwellings: 18, 18A, and 18B – three independent, fully legal homes (not just unpermitted conversions) with a combined 390sqm of living space (Auckland council records).
High-Velocity Cash Flow: 18A is currently leased at $735/week. Total potential weekly income exceeds $2,000, delivering a yield rarely seen in Northcote Point.
The Land Scarcity: 1,252sqm of Northcote Point earth is nearly impossible to find. This is a blue-chip landholding with exceptional harbour and city skyline views.
THE PROPERTY BREAKDOWN
18 Sulphur Beach Rd (The Anchor): Features 3 bedrooms, 2 bathrooms, with kitchens and living areas on both levels, and a double internal garage. The layout is exceptionally functional with 1 bedroom and 1 bathroom downstairs, and 2 bedrooms and 1 bathroom upstairs. This dwelling offers massive Airbnb potential as the upper and lower levels can operate independently. It is the perfect candidate for a smart "do-up" to create a premium holiday house or high-end short-term rental.
18A (The Earner): 3 bedrooms and 2 bathrooms with a 1 carport. Cleverly designed for multi-generational living or rental yield, featuring 1 bedroom with a separate bathroom and toilet downstairs, and 2 bedrooms and 1 bathroom upstairs.
18B (The Opportunity): Lounge and dining downstairs with 1 carport, functional layout including 1 separate bathroom and toilet and laundry downstairs, plus 2 bedrooms and 1 family bathroom upstairs. Vacant and ready to boost your ROI immediately.
Each of these three dwellings offers a highly functional, multi-generational layout, providing incredible flexibility for large families, independent rentals, or a premium holiday house portfolio.
STRATEGIC LOCATION
Located just 10 minutes from the CBD and seconds from Exit 422, this property combines lifestyle prestige with logistical ease. Whether you hold for the triple-income stream or explore the long-term potential of the 1,252sqm site, this is a "vanishing breed" asset.
THE UPSIDE
Live in one, rent the others, or maximize the entire site as a multi-unit Airbnb portfolio. Properties of this scale and income density are rarely relinquished. Act now to secure the Point’s premier cash cow.
Note: Development and home-stay operations are subject to Council regulations.
