


Listing Description
Investment Opportunity in Prime Greenlane
35A-35C Matai Road, Greenlane, Auckland City, Auckland
To be sold by auction on 21 May, 5:30 pm
Details
Attribute | Value |
---|---|
Property type | House |
Agency reference | 911426 |
Broadband in the area |
Description
Auction: 280 Manukau Road, Epsom (Branch Office) on Wednesday 21 May 2025 at 5:30PM (unless sold prior)
An exceptional chance to secure not just one, but three income-generating units in the heart of Greenlane. Set on a sought-after street just moments from Cornwall Park, this solid investment boasts versatility, location, and steady rental returns. Comprising: 35A: A spacious 4-bedroom, 1-bathroom upper-level unit, currently tenanted at $680/week. This sun-soaked home features two generous balconies at the front and rear — perfect for relaxing, entertaining, or enjoying a peaceful moment in the sun. 35B: A light-filled 2-bedroom, 1-bathroom ground-floor unit, tenanted at $530/week. 35C: A tidy 1-bedroom, 1-bathroom ground-floor unit, returning $480/week. With a combined weekly income of $1,690, this multi-unit property delivers a total annual return of $87,880 — a proven performer with long-term stability. Each unit offers its own unique charm and privacy, with well-presented interiors and smart layouts to ensure comfortable living. Whether you're seeking a home-and-income setup, accommodation for extended family, or a full investment portfolio, this property offers flexibility in spades. Built with solid materials and designed for low-maintenance living, it provides peace of mind to landlords and easy living for tenants. Set in a premium school zone, including Remuera Intermediate, Cornwall Park Primary, and One Tree Hill College, and within easy reach of Diocesan School for Girls and St Cuthbert’s College, it’s an ideal choice for families and tenants alike. Unmatched for lifestyle and convenience — with Cornwall Park, One Tree Hill Domain, Epsom shops, Newmarket, and motorway access all just minutes away — this is the kind of address that attracts long-term tenants and consistent returns. Multi-unit properties in central Greenlane are tightly held and seldom offered. Don’t miss this rare opportunity. Call today to arrange your private viewing.
See interactive features for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
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John Zhang
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