BLOCK OF UNITS - A rare high yield opportunity to secure an entire residential investment block comprising six self-contained flats on a freehold title, tenanted and generating a gross annual rental income of $98,800 per annum - do the math!
Constructed from solid concrete block and exceptionally well maintained, this quality investment comprises five one-bedroom studio units and one spacious two-bedroom unit. Offering a total floor area of 252m2, the block also provides convenient off-street parking for tenants. (5 x studios units and 1 x 2 bedroom unit)
With all flats already tenanted, you'll enjoy immediate rental returns from settlement, backed by the security of an established investment. Whether you're expanding your portfolio, seeking a dependable cash-flow asset or planning for long-term growth, this property delivers the ideal combination of proven performance, low-maintenance construction and enduring appeal.
Positioned in the heart of Otahuhu, tenants benefit from easy access to public transport, motorway connections, shopping, schools and major employment hubs, supporting strong and consistent rental demand.
Investment opportunities of this calibre are seldom available. Six flats, one freehold title, solid concrete block construction, established rental income and favourable zoning as Terrace Housing and Apartment Buildings make this an exceptional investment.
View on Wednesdays / Saturdays 12.00-12.30pm or by private appointment.
Call Denise 027 249 4148 - Full information pack on each unit available.
#GAMEDAY 14th October 2026 from 9:00 am at Ray White Manukau (unless sold prior)
Disclaimer - This property is being sold by auction and therefore, a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.
