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Unit 1-6/200 Pilkington Road

Point England Auckland

16
6
6
570 m²
687 m²
Other
Currently for sale - view listing

Overview

Concrete Cashflow Machine

6 Units, 6 Titles & 6 Income Streams or sell one by one One solid concrete building. Six spacious units. Six strata titles on freehold land. Investment opportunities like this are extremely rare - now is your chance to secure this asset. This versatile offering represents a risk split for savvy buyers as long term investment. Purpose-built in 2017 for long-term durability and quality living, this substantial complex offers approximately 570m² of combined floor area on 687m² of freehold land at 200 Pilkington Road, Point England. Strong Income with Upside • Combined current gross income: Approx. $177,320 per annum • Combined independent rental appraisal: $197,600 - $211,120 per annum (market rental upside available) • 100% occupancy with long-term tenants in place Built with insulated concrete and masonry construction, concrete inter-tenancy floors and double glazing throughout, this is a low-maintenance asset designed to perform. Property Features • One building comprising six apartments • Four 3-bedroom and two 2-bedroom layouts (six units in total) • Six strata titles on freehold land • Open-plan living in every unit • Heat pump and dishwasher in each apartment • Allocated carport plus private storage locker per unit • Durable Colorsteel roof • Solid concrete construction throughout Located approximately 9km from Auckland CBD, close to Glen Innes and Panmure train stations, Sylvia Park and key transport routes, and within the Terrace Housing and Apartment Building Zone and wider Tāmaki regeneration area. The advantage is clear: one block, six strata titles on freehold land. Hold as a premium multi-income asset, with the flexibility to sell individual units later and release capital progressively. Strong occupancy history and long-term tenancy support provide reliable income. Tenant demand in this area remains steady, offering long-term investment confidence. Professionally managed and well maintained with an established property manager in place, this is an excellent opportunity for investors seeking performance and stability. Rarely do properties of this caliber become available. City Council Rates for all 6 units 2025/2026: $15,023.46 p.a.| Rental Appraisal for all 6 units: $3,800-$4,060 p/week Documents Available: Information Memorandum, Property Description, Building Description, Floor Plans, Tenancy Schedule, Outgoings Breakdown, CT, LIM, Property File, Rental Appraisal, Approved S&P Agreement, Healthy Homes Certificates, Council Valuations & Rates Info, Purchaser Acknowledgements Please contact Elena Styles at 0221758050 if you would like further information or to book a private viewing.

Features

16 bedrooms
6 bathrooms
6 carspaces
6 carport spaces
570 m² floor area
687 m² lot size
Other

Happy sellers in Point England

70%
70% of sellers in Point England reported that their sale price either exceeded or met their price expectations.

Point England stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Point England over the last 12 months.

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