Three year leaseback with a 5% net return p.a. in one of NZ's strongest growth areas.
Planning to move to the winterless north but not quite ready? Plan your next move whilst banking the income for 3 years.
This is a genuine one off opportunity to secure a flagship showhome investment within New Zealand's most forward-thinking, master-planned community, complete with a guaranteed three-year commercial leaseback in place.
Mangawhai Hills spans 185 hectares of breathtaking natural landscape - from sea views to the foothills of the Brynderwyn Range. Generous sections, solar-ready design, native bush tracks, cycling trails, and rewilded wetlands converge to create a self-sufficient community where sustainability and lifestyle are truly restorative.
This brand new architecturally designed 240sqm showhome sits on a substantial 1,326sqm freehold site and currently operates as the Mangawhai Hills Experience Centre. The lease provides secure income with the tenant covering all outgoings, including Kaipara District Council rates — delivering a low-maintenance, hands-off investment. At lease expiry, the building will be professionally converted back to a residential dwelling, offering clear exit flexibility: retain as a premium home, landbank, resell, or occupy.
Investment Highlights -
• $100,000 net rent p.a
• 3-year leaseback
• Tenant pays all outgoings (incl. council rates)
• Freehold 1,326sqm site
• 240sqm high-spec architecturally designed home
• Builder warranty balance transferred on settlement
• Guaranteed conversion back to residential use at lease end
Constructed by respected local builder Stylish Homes, this high spec'd home features high-stud open-plan living, three bedrooms, two bathrooms, stone benchtops, fully tiled bathrooms, a butler’s pantry with a Zenith HydroTap, and luxury wool carpet throughout. The master suite includes walk-in wardrobe, ensuite, and private deck access.
Sustainability adds long-term value, with a 22kW solar system, EV charging, dual 25,000L underground water tanks, and a proven Innoflow septic system.
Positioned minutes from Mangawhai’s surf beaches, golf courses and village amenities, this is a premium Northland asset offering both income certainty and future lifestyle upside
Secure income today. Lifestyle option tomorrow.
Subject to Title.
* Conditions Apply
Set sale Thursday 4:00pm 9th April 2026
