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Ray White Stonefields, (Licensed: REAA 2008)
Elena Styles Elena Styles

Units 1-6/200 Pilkington Road, Point England

Enquiries over $3,648,000

Listing Description

Listed: Thu, 19 Feb

4.04% Yield - 6 Units, 6 Titles & 6 Income Streams

Units 1-6/200 Pilkington Road, Point England, Auckland City, Auckland

Details

  •   6+ Beds
  •   6+ Baths
  •   6+ Living areas
  •   570m² Floor
  •   687m² Land
Other Features
  •   6+ Separate toilets
AttributeValue
Property type
House
Parking
6 carport spaces
Agency reference
STN30335
Broadband in the areaFibre, ADSL, Satellite, Wireless

Description

One solid concrete building. Six spacious units. Six strata titles on freehold land.

Investment opportunities like this are extremely rare - now is your chance to secure this asset

Purpose-built in 2017 for long-term durability and quality living, this substantial complex offers approximately 570m² of combined floor area on 687m² of freehold land at 200 Pilkington Road, Point England.

Strong Income with Upside

  • Combined current gross income: Approx. $177,320 per annum
  • Combined independent rental appraisal: $197,600 - $211,120 per annum (market rental upside available)
  • 100% occupancy with long-term tenants in place

Built with insulated concrete and masonry construction, concrete inter-tenancy floors and double glazing throughout, this is a low-maintenance asset designed to perform.

Property Features

  • One building comprising six apartments
  • Four 3-bedroom and two 2-bedroom layouts (six units in total)
  • Six strata titles on freehold land
  • Open-plan living in every unit
  • Heat pump and dishwasher in each apartment
  • Allocated carport plus private storage locker per unit
  • Durable Colorsteel roof
  • Solid concrete construction throughout

Located approximately 9km from Auckland CBD, close to Glen Innes and Panmure train stations, Sylvia Park and key transport routes, and within the Terrace Housing and Apartment Building Zone and wider Tamaki regeneration area.

The advantage is clear: one block, six strata titles on freehold land.

Hold as a premium multi-income asset, with the flexibility to sell individual units later and release capital progressively. Strong occupancy history and long-term tenancy support provide reliable income. Tenant demand in this area remains steady, offering long-term investment confidence.

Professionally managed and well maintained with an established property manager in place, this is an excellent opportunity for investors seeking performance and stability.

Rarely do properties of this caliber become available.

Documents Available:

Information Memorandum, Property Description, Building Description, Floor Plans, Tenancy Schedule, Outgoings Breakdown, CT, LIM, Property File, Rental Appraisal, Approved S&P Agreement, Healthy Homes Certificates, Council Valuations & Rates Info, Purchaser Acknowledgements

Please contact Elena Styles at 0221758050 if you would like further information or to book a private viewing.


Open home times

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Property Files

Elena Styles

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Local Schools




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Ray White Stonefields, (Licensed: REAA 2008)
Elena Styles

Elena Styles

93 Reviews
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Agent's details

Elena Styles

Elena Styles

93 Reviews

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Ray White Stonefields, (Licensed: REAA 2008)

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