68 Rawhiti Road, One Tree Hill, Auckland City, Auckland

An exceptional opportunity to secure a rock-solid investment in one of Auckland’s most tightly held city fringe suburbs. Positioned on a generous 726sqm freehold title with quality improvements, this property is leased to a well-established childcare centre in the residential catchment of One Tree Hill.

Long-term lease is in place with 3.5 years remaining in the current term and a final expiry in November 2053. The investment is returning $89,500 net per annum (plus GST and outgoings) with CPI increases delivering strong income and excellent growth.

Zoned Residential – Mixed Housing Urban, the property also benefits from underlying land value and future development flexibility, making it an attractive option for both passive investors and land-bankers.

Located in One Tree Hill, a high-demand fringe suburb with excellent connectivity and enduring appeal, this is a rare chance to acquire a high-performing asset with strong fundamentals and long-term growth potential.

Please contact us today for more information or to arrange a viewing.

Features:

• Returning $89,500 net p.a. + GST & outgoings
• Long-term lease with final expiry November 2053
• CPI rental increases
• 726sqm freehold title
• Established childcare tenant
• Residential – Mixed Housing Urban zoning
• Premium city fringe location (One Tree Hill)
• Strong land value and future upside

More information: https://www.colliers.co.nz/p-NZL67039251