



Investment opportunity featuring a well-maintained 22-unit apartment complex with professional property management already in place. The property consists entirely of 1-bedroom, 1-bath units and offers a functional two-story design constructed on a slab foundation. Currently, 14 of the 22 units are occupied, providing immediate rental income with additional upside through lease-up of the remaining units. The property has been well cared for and offers an excellent opportunity for an investor looking to add a manageable multifamily asset to their portfolio. With professional management already established, a consistent unit mix, existing occupancy, and additional income potential as vacant units are filled, this property offers both current cash flow and room for growth. Financial information, rent roll, and additional property details available upon request.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $7177 | NZD $12,686* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Re/Max Platinum
Property ID: 110110355047
Original Property ID: 3yd-CARMLS-26039287