Sold
23 Orams Road,
Manurewa, Manukau City
Price withheld
Property details
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Agents
Ray White Ellerslie: Now Realty Limited Licensed (REAA 2008)
1/101 Main Highway, Ellerslie Auckland City 1051
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Chattels
- Stove
- Rangehood
- Extractor Fan
- Light Fittings
- Floor Covers
- Drapes
5 UNITS, Hillpark MANUREWA - $1,995,000
5 Units | 23 Orams Road, Hillpark, Manurewa
Held tightly for 21 years, this solid five-unit complex occupies 1,366m2 (more or less) of freehold land and has been purpose-built to deliver consistent passive income and long-term capital growth. Positioned in sought- after Hillpark within the thriving Manurewa community, tenant demand consistently strong, reinforcing the long term desirabilty of this asset.
Constructed from enduring brick and concrete, the property provides strength, durability, and low maintenance - the essential foundation of a reliable, stree-free investment
Property Highlights
• Four x two-bedroom units
• One x four-bedroom unit
• Open-plan living with separate kitchens
• Northerly aspect providing warm, sun-filled interiors
• Undercover single carport for each unit - lock-up storerooms
• Easy-care grounds requiring minimal upkeep
Current annual rental income: $137,800 per annum
Independent rental appraisal:
• 2-bedroom units: $500 - $550 per week
• 4-bedroom unit: $750 - $800 per week
Appraised annual rental income: Circa $143,000 per annum
Perfect for absentee investors, portfolio builders or buyers seeking a multi-income asset with scale, stability, and upside.
The Opportunity
Investment-grade properties of this scale, construction quality, and tightly held history are rarely brought to market.
Secure a well-established, multi-income asset in a location underpinned by consistent tenant demand and long-term growth fundamentals.
Held tightly for 21 years, this solid five-unit complex occupies 1,366m2 (more or less) of freehold land and has been purpose-built to deliver consistent passive income and long-term capital growth. Positioned in sought- after Hillpark within the thriving Manurewa community, tenant demand consistently strong, reinforcing the long term desirabilty of this asset.
Constructed from enduring brick and concrete, the property provides strength, durability, and low maintenance - the essential foundation of a reliable, stree-free investment
Property Highlights
• Four x two-bedroom units
• One x four-bedroom unit
• Open-plan living with separate kitchens
• Northerly aspect providing warm, sun-filled interiors
• Undercover single carport for each unit - lock-up storerooms
• Easy-care grounds requiring minimal upkeep
Current annual rental income: $137,800 per annum
Independent rental appraisal:
• 2-bedroom units: $500 - $550 per week
• 4-bedroom unit: $750 - $800 per week
Appraised annual rental income: Circa $143,000 per annum
Perfect for absentee investors, portfolio builders or buyers seeking a multi-income asset with scale, stability, and upside.
The Opportunity
Investment-grade properties of this scale, construction quality, and tightly held history are rarely brought to market.
Secure a well-established, multi-income asset in a location underpinned by consistent tenant demand and long-term growth fundamentals.
Explore the area
School catchments
- Hillpark School Primary Years 1-6 State 0.59km
- Manurewa High School Secondary Years 9-15 State 1.1km
- Wiri Central School Full primary Years 1-8 State 1.2km
- Manurewa Central School Primary Years 1-6 State 1.3km
- Homai School Primary Years 1-6 State 1.3km
- Everglade School Primary Years 1-6 State 1.4km
- Manurewa Intermediate Intermediate Years 7-8 State 1.7km
- St Anne's Catholic School (Manurewa) Full primary Years 1-8 State integrated 1.7km
- Destiny School Composite Years 1-15 Private 1.7km
- Manurewa West School Primary Years 1-6 State 1.8km
- Manurewa East School Primary Years 1-6 State 2.0km
- Manukau Christian School Composite Years 1-15 Private 2.1km
- The Gardens School Full primary Years 1-8 State 2.1km
- Clendon Park School Primary Years 1-6 State 2.3km
- Te Wharekura o Manurewa Secondary Years 9-15 State 2.4km
- TKKM o Manurewa Full primary Years 1-8 State 2.4km
- Rowandale School Primary Years 1-6 State 2.4km
- Alfriston College Secondary Years 9-15 State 2.5km
- Te Haikura a Kiwa Secondary Years 9-15 State 3.0km
- Kia Aroha Campus Composite Years 1-15 State 3.2km
- South Auckland Middle School Composite Years 7-10 State 3.6km
- Tangaroa College Secondary Years 9-15 State 4.0km
- Papatoetoe High School Secondary Years 9-15 State 4.2km
- Tyndale Park Christian School Composite Years 1-15 Private 4.6km
- Ormiston Senior College Secondary Years 11-15 State 5.1km
- Ormiston Junior College Secondary Years 7-10 State 5.1km
- Sancta Maria College Secondary Years 7-15 State integrated 5.8km
- Mission Heights Junior College Secondary Years 7-10 State 6.0km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Greig Kirby
Contact Greig Kirby
Greig Kirby
23 Orams Road, Manurewa 2102
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Greig Kirby
23 Orams Road, Manurewa 2102