1-7/30 Ranui Avenue, Ranui, Waitakere City, Auckland

Positioned in the rapidly growing suburb of Ranui, this high-quality multi-unit residential development presents a compelling opportunity for investors seeking strong cashflow supported by modern construction and proven tenant demand. The property is underpinned by an established tenancy arrangement, offering immediate income with flexibility for future ownership strategies.

The property comprises seven well-appointed two-bedroom accommodation units, thoughtfully designed to meet the expectations of today's tenants. Each unit features contemporary finishes and is fully compliant with Healthy Homes standards, ensuring low ongoing maintenance and sustained rental appeal.

Currently leased to a well-established community housing provider, the property generates a gross rental income of $218,400 per annum. The existing tenancy provides immediate income, while the lease structure allows an incoming owner the ability to reposition or re-tenant the property over time if desired.

Adding further appeal, the vendor is in the process of issuing individual titles for each of the seven units. This creates significant future value-add potential, offering flexibility to sell down the units individually upon lease expiry or reposition the asset to suit changing market conditions.

Located in West Auckland, Ranui continues to experience strong residential growth, supported by improving infrastructure and consistent rental demand. This enhances the property's long-term investment fundamentals and capital growth prospects.

Key Features:

• Seven modern two-bedroom accommodation units
• Fully Healthy Homes compliant
• Returning $218,400 per annum (gross)
• Leased to an established community housing provider
• Flexible lease terms providing future repositioning options
• Low-maintenance, purpose-built investment asset
• In the process of being subdivided into seven individual titles
• Future flexibility to sell units separately (subject to lease terms)
• Located in a high-growth West Auckland suburb with strong rental demand

This is a rare opportunity to secure a fully tenanted, modern 7-unit residential investment offering immediate income with built-in flexibility and future upside through title separation.

For further information, please contact the sole listing agents Shannon Caldwell and Rodney Jobse at NAI Harcourts.''