5 Ferndale Road, Mount Wellington, Auckland - BlockOfUnits Sold on 12 11 2025

SoldNov 12, 2025

5 Ferndale Road, Mount Wellington, Auckland

$1,525,000

BlockOfUnits

•

1 day on the market

Sold: Nov 12, 2025

What's around 5 Ferndale Road

Four Income Streams, One Smart Investment

Secure this rare multi-income property offering four fully self-contained one-bedroom units, each with solid rental returns, on a generous 1024sqm site in the heart of Mt Wellington. Ideal for investors seeking strong yield, landbankers eyeing future potential, or developers ready to unlock the next phase * High-Yield Investment: A proven performer in the rental market, this property offers a fantastic rental income stream of $89k plus per annum. With its desirable features and prime location, it consistently attracts and retains high-quality tenants, making it a cornerstone of a solid investment portfolio. * Exceptional Location: Situated in the heart of Mt. Wellington, this property offers unparalleled convenience. It's just moments away from Sylvia Park, a hub of shopping and entertainment, and provides easy access to major transport routes, schools, and essential amenities, making it a highly desirable spot for tenants. * Built To Last: A testament to quality, this property boasts four spacious bedrooms and four bathrooms and is designed to be attractive to the market, ensuring peace of mind. * Massive Parking Capacity: Say goodbye to parking woes! This property features a remarkable off-street parking area with space for up to eight vehicles, a rare and highly sought-after feature that adds significant value and appeal to potential renters. * Big relatively flat section of 1024sqm giving plenty of room for future development potential. * A New Chapter Awaits: After years of successful ownership, the current investor is ready to pass the torch for a well-deserved retirement. This is a unique opportunity to acquire a high-performing asset and continue its legacy of success. * Four individual 1 bedroom units Open homes every weekend from 11am to 11.30am.

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Buyer's review

6 months ago

Verified Review

Honest and great to deal with

Rick clearly knew everything about the property and was able to answer all my questions on the spot and provide all the supporting information i requested the same day which i was very impressed with (not common with agents). Honest and trustworthy also. Lovely guy with a great personality and very efficient at getting back to me. Very much recommend.

Jonathan Michell

Buyer