


Listing Description
Tenanted & Turnkey | Immediate Returns | Long-Term
402/158 Onehunga Mall, Onehunga, Auckland City, Auckland
Asking price $750,000
Details
Attribute | Value |
---|---|
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 area |
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
Property Files

Discover more about this property.
Request the files from Lara.