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Precinct Properties Residential Ltd, (Licensed: REAA 2008)
Lara Thompson Lara Thompson

402/158 Onehunga Mall, Onehunga

Asking price $750,000

Listing Description

Listed: Mon, 9 Jun

Tenanted & Turnkey | Immediate Returns | Long-Term

402/158 Onehunga Mall, Onehunga, Auckland City, Auckland

Asking price $750,000

Details

  •   1 Bed
  •   1 Bath
  •   76m² Floor
Other Features
  •   1 Study
  •   1 Garage parking
AttributeValue
Property type
Apartment
In the area
Onehunga foreshore walk, cycleway, train & bus stations, eateries, supermarket, library and parks.
Parking
One secure car park with bicycle storage
Agency reference
PPRL10005
Broadband in the areaFibre, ADSL, VDSL, Wireless

Description

Onehunga Mall Club (OMC) isn’t just a place to live—it’s a place to belong. And for the astute investor, it’s a place to earn from day one.

This residence exemplifies thoughtful design, showcasing the meticulous attention to detail that defines the development. Featuring a spacious bedroom and a versatile study or guest room, the layout offers flexibility to suit a range of lifestyles. Soak in panoramic views stretching from the Manukau Harbour to Mangere Mountain—an outlook that’s as enduring as the investment itself. This apartment is as liveable as it is lettable.

But what truly sets this opportunity apart is the built-in investment security:

  • Immediate rental income from settlement – no vacancy, no delay
  • 12-month rental income underwrite – guaranteed income even if re-leased paid by the developer, LCO Municipal Ltd.
  • 12 months of body corporate fees and council rates covered – reduced holding costs

This is a turnkey asset designed for performance. Located in a high-demand rental precinct with strong tenant appeal, it offers long-term capital growth potential in one of Auckland’s most character-rich suburbs.

Key Investment Highlights:

  • 100% seismic rating
  • 6 Homestar rating
  • Secure, pet-friendly building
  • EV charging infrastructure (optional)
  • Walking distance to Onehunga Bus & Train Stations, cafes, supermarket, and foreshore

Crafted by award-winning architect Ashton Mitchell, built by Kalmar, and developed by Precinct, OMC is a landmark project that blends heritage with modernity—delivering both lifestyle and lasting value.

This is more than a home—it’s a high-yield, low-risk investment in a location on the rise.


Open home times

No times scheduled

Property Files

Lara Thompson

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Request the files from Lara.


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Precinct Properties Residential Ltd, (Licensed: REAA 2008)
Lara Thompson

Lara Thompson


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Agent's details

Lara Thompson

Lara Thompson

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Precinct Properties Residential Ltd, (Licensed: REAA 2008)

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