Opportunities like this don't circle twice. Positioned at 1, 2 & 3/74A Trafalgar Street, this is a rare offering of three cross-lease titles being sold together as a single holding - with clear potential, subject to council investigation, to unlock a substantial 1088sqm freehold flat as pancake landholding in one of Auckland's most consistently in-demand city-fringe pockets. Whether landbanking, partnering, or securing scale in a tightly held location, this is a strategic acquisition with multiple pathways forward.

Set well back from the road down a long driveway, the site naturally favours those thinking beyond immediate intensification. Instead, this is a measured play - secure a proven, income-generating asset now, with future upside firmly in reserve. Opportunities to acquire land of this size, with flexibility around structure - including bundled purchase at a discounted level or potential joint venture - are increasingly scarce.

Constructed in dependable brick and tile and arranged across single-level layouts, each of the three units reflects the kind of low-maintenance, high-demand stock that continues to perform. These are homes that tenants actively seek out, while also appealing strongly to first-home buyers - a combination that underpins consistent occupancy and resale confidence.

Each unit is well-presented, tidy, and designed for practical living:

• 1/74A Trafalgar Street: 2 bedrooms, 1 bathroom, 1 lounge, 1 carport (approx. 77sqm)

• 2/74A Trafalgar Street: 1 bedroom, 1 bathroom, 1 lounge, 1 carport (approx. 63sqm)

• 3/74A Trafalgar Street: 2 bedrooms, 1 bathroom, 1 lounge, 1 carport (approx. 77sqm)

Functional layouts, comfortable interiors, and established rental appeal combine to deliver dependable returns from day one - with the added advantage of future flexibility.

Location is a standout. Positioned within easy reach of Royal Oak town centre, this is a pocket buyers and tenants consistently gravitate toward - an easy walk to schooling, shopping, cafes, and public transport, all while sitting centrally among key arterial routes. Onehunga and surrounding hubs continue to grow in popularity, supported by connectivity, lifestyle amenity, and proximity to major employment zones. Cornwall Park remains a nearby anchor, reinforcing long-term desirability.

The vendors are motivated and committed to a result - clear in their intent to meet the market. Ignore previous price expectations; this is a genuine opportunity to secure scale, income, and future potential in one decisive move. Whether you're strengthening your portfolio, securing a sizeable landholding, or exploring partnership potential - this is a proposition grounded in both logic and foresight.