Ray White Remuera
Real Estate Agents
- Listing #:
- RMU42308
- Listed:
- 4 days ago
Auction (Unless Sold Prior)
Thu 3rd Apr 2:00pm
FIND: RETURNS NOW, UPSIDE AHEAD
26A Quadrant Road, Onehunga, Auckland CityResidential House
-
- 5 Bedrooms
-
- 5 Bathrooms
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- 5 Offstreet Car Parks
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- 280m2 Floor Area
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- 1,088m2 Land Area
About this property
For Sale by Auction: 2:00pm, Thursday 3rd April 2025In Rooms at 411 Remuera Road, Remuera (unless sold prior)
• Current rental income of approximately $121,000 per annum
• Established, long-standing tenants across a mix of fixed and periodic tenancies
• Potential to add value and increase rental income
• Three of five units upgraded, with two in original condition
• C.V: $2,400,000
A multi-unit asset that delivers now and has more to give - 26A Quadrant Road is a rare opportunity in a market where quality investments are hard to find.
Since 2020, our owner has done the heavy lifting - renovating three of the five units, increasing rental returns to $121,000 per annum (approx.), and future-proofing the property. Each unit comes with off-street parking, and the elevated site captures expansive views over the Manukau Harbour, adding to its tenant appeal.
With two units still in original condition, there's clear potential to enhance, increase rents, and maximise returns. Sitting on a 1,088sqm freehold site (Single House Zone), this property is positioned for long-term performance. Located just moments from Onehunga's shopping precinct, train station, cafes, and motorway access, it offers strong tenant demand and unbeatable convenience.
FOUND: Our owner is committed to a sale. The groundwork is done - the upside is yours to unlock.
Sun 16th Mar 11:00am ~ 11:30am
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