Marketed by Ryan Dixon & Olivia Field
Auction at 411 Remuera Road, Remuera (Unless Sold Prior) on 03.04.2025 at 2:00 PM
Marketed by Ryan Dixon & Olivia Field
• 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.
Property ID RMU42308
* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.