Generating a combined rental income of $1,350 per week ($70,200 per annum), this fully tenanted investment is offered to the market as part of an estate sale, presenting a genuine opportunity to secure three established income streams on a single freehold title. Instructions are clear and the property will be sold.
With three two-bedroom units, this is a practical investment that delivers immediate cash flow while spreading income across multiple tenancies. With three separate rental streams, vacancy risk is reduced and income stability is enhanced, making it an attractive addition to both established and growing property portfolios.
The property enjoys convenient access to schools, public transport, local amenities and central Whangārei, supporting strong rental demand and long-term holding appeal.
Multi-unit investments on a single title are becoming increasingly difficult to secure, particularly those with established tenants already in place and returning income from day one. Whether you're looking to strengthen an existing portfolio or secure a high-yielding investment with immediate cash flow, this is an opportunity worthy of serious consideration.
With a motivated estate behind the sale and a Deadline Sale date approaching, buyers are encouraged to complete their due diligence and put their best foot forward.
Contact Kenni Witt on 021 255 4240 for further information or to arrange a viewing.
