Listed: Fri, 10 Feb

Top Notch Investment Return!

108/9 Kaipiho Lane, Albany, North Shore City, Auckland

Asking price $210,000

1 Bed
1 Bath
1 Living area
34m² Floor

Other Features

1 Separate toilet

Attribute	Value
Property type	Apartment
Capital value (CV)	$355,000
Agency reference	MAB33898
Broadband in the area	Fibre, Satellite, Wireless

Let The Numbers Do The Talking!

Those shrewd investors looking for a passive addition to their portfolio should seriously consider this option! As part of the stylish Ramada Suites in the super central location off Oteha Valley Rd and nestled amongst bustling cafes, restaurants, bars, retail and business centres, this type of investment is rarely available. (Not for residential owner occupiers.) As of 1st Apr 2026 (reflecting latest annual 2.0% review) rent is $1,629 per month incl gst ie. a fantastic gross return of over 8.0% pa. This modern building was completed in 2017 and leased 30yrs (15+5+5+5) from 2017 to the Ramada apart-hotel. It is very handy to the Albany bus station, motorway access, North Harbour Stadium, Albany Tennis Park and numerous walking trails and bush reserves. With the thriving Westfield hub and surrounding areas only growing further, getting in now for such a hotel investment makes very good sense. The Ramada (by Wyndham) group is gaining a bigger foothold in NZ and this is one of their many sought-after locations.

Please note photos are of a similar comparable apartment. Sale is plus gst, if any. Please use this link to see other photos and information on the hotel: https://www.marsdenhotels.co.nz/ramadaalbany. Premium furniture/fixtures packages apply to each apartment. Please contact us for information brochures and documents or paste this URL to your browser for online access: https://www.harcourtsfiles.co.nz/listings/TU4Y

Open home times

No times scheduled

Property Files

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Local Schools

IN ZONE Pinehill School (Browns Bay)
Cnr Hugh Green Drive & Spencer Road
887 m
Contributing (Primary), State, 445 enrolled
IN ZONE Albany Senior High School
536 Albany Highway
1.7 km
Secondary (Year 11-13) (Secondary), State, 794 enrolled
IN ZONE Albany School
6 Bass Road
2.5 km
Contributing (Primary), State, 670 enrolled

IN ZONE Albany Junior High School
Appleby Road
3.5 km
Secondary (Year 7-10) (Intermediate & Secondary), State, 1234 enrolled
OUT OF ZONE Oteha Valley School
Medallion Drive
724 m
Contributing (Primary), State, 529 enrolled
UNZONED City Impact Church School
794 East Coast Road
1.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 348 enrolled
OUT OF ZONE Northcross Intermediate
10 Sartors Avenue
1.4 km
Intermediate (Intermediate), State, 1468 enrolled
OUT OF ZONE Sherwood School (Auckland)
Sartors Avenue
1.9 km
Contributing (Primary), State, 470 enrolled
UNZONED Pinehurst School
75 Bush Road
2.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 1121 enrolled
OUT OF ZONE Rangitoto College
564 East Coast Road
2.9 km
Secondary (Year 9-13) (Secondary), State, 4089 enrolled
OUT OF ZONE Glamorgan School
Glamorgan Drive
3 km
Contributing (Primary), State, 525 enrolled
UNZONED Kristin School
360 Albany Highway
3 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 1725 enrolled
UNZONED Tkkm O Te Raki Paewhenua
7 Ceres Court
3.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 144 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.