Convenience, Education & Density - All in One Exceptional Location
Two freehold, multi-unit properties on the Newmarket / Epsom fringe, fully tenanted and delivering exceptional holding income today with clear upside for renovation, yield optimization or future redevelopment (subject to Council approval).
Located within easy walking distance of Westfield Newmarket, rail and bus links, and the Domain. Zoned Terrace House & Apartment Buildings (THAB) and inside the premium double-grammar zone for Auckland Grammar & Epsom Girls' Grammar - highly attractive to tenants, investors and developers alike.
Investment highlights:
- Immediate, strong rental income with a history of high occupancy.
- Land area (combined): 1,627 m² (4 Edgerley 819 m² + 6 Edgerley 808 m²). Providing scale for redevelopment or staged value-add projects.
- Building area (approx): 4 Edgerley 209 m²; 6 Edgerley 255 m².
- Current weekly rent: 4 Edgerley $1,630/wk, 6 Edgerley $2,300/wk, Total $3,930/wk
- Flexible purchase options: buy a single income producing asset, or secure both properties for a larger development footprint and greater long-term upside.
Properties offering this scale, zoning and location mix are extremely scarce. Whether you're looking to develop, land bank, or secure a high-performing investment, this is one not to miss.
For more information, rent schedules, tenancy details or to arrange a viewing:
Han Sun - Licensed Salesperson 021 453 135
*Property particulars have been obtained from third parties.