26A Quadrant Road, Onehunga, Auckland City, Auckland

• Current Gross Income: Approx. $121,000 per annum.
• 1,088sqm freehold land.
• 5 units, one title.

Fully tenanted and returning strong income from day one, 26A Quadrant Road is a proven performer with built-in upside.

This freehold, multi-unit asset comprises five self-contained flats-three recently upgraded, two in original condition. The path to additional income is straightforward: renovate the remaining units and lift rental returns in line with the rest of the portfolio.

Tenancies are well established across a mix of fixed and periodic agreements, offering both stability and flexibility. Each unit comes with off-street parking, and the elevated position captures wide views over the Manukau Harbour-adding long-term tenant appeal.

Located moments from Onehunga's retail centre, train station, and motorway connections, the fundamentals are all here: reliable demand, growth potential, and a motivated vendor.

At $2,600,000, the asset is priced to reflect its current strength-with room to do more.

FOUND: A cashflow-positive investment with clear potential to grow through renovation. Secure it, scale it, and let it perform.