For sale

12 Laurina Road,
Sunnynook, North Shore City

7 bedrooms
6 bathrooms
4 car spaces
928m² land size
610m² building size
House

By Negotiation


Property details

Chattels

  • Cooktop Oven
  • Wall Oven
  • Rangehood
  • Extractor Fan
  • Dishwasher
  • Heated Towel Rail
  • Light Fittings
  • Floor Covers
  • Blinds

Solid Returns With Future Development Upside

If you've been weighing up commercial vs residential, this property removes the need to choose. Offering a well-balanced mix of both, 12 Laurina Road delivers diversified income, long-term security, and future potential in one compelling package.

At the heart of the investment is a well-established childcare centre occupying the ground floor, providing a stable commercial return underpinned by a secure lease. Complementing this are two residential apartments above, adding further income and flexibility to the overall holding.

Key Features:
- Dual-income stream: established childcare tenancy plus two residential apartments
- Strong combined returns: $147,904 + GST
- Childcare: $91,404 + GST
- Residential: $64,975 (GST inclusive)
- Secure lease profile: current term through to July 2028 with 4 x 5-year rights of renewal
- Freehold site: 927sqm with prominent street presence and 30 meter road frontage
- Mixed Housing Suburban zoning: future intensification and redevelopment potential
- High-demand location: surrounded by ongoing development and strong residential growth

Whether you're looking for a hands-off investment with reliable cashflow, a landbank opportunity, or a future development play, this is a property that offers multiple angles to add value over time.

Opportunities combining this level of income, flexibility, and upside are rarely available.

Call us now to secure this opportunity for yourself.

Inspections


Explore the area


School catchments

  • Sunnynook School Primary Years 1-6 State 0.88km
  • TKKM o Te Raki Paewhenua Composite Years 1-15 State 1.1km
  • Target Road School Primary Years 1-6 State 1.1km
  • Wairau Intermediate Intermediate Years 7-8 State 1.1km
  • Mairangi Bay School Primary Years 1-6 State 1.6km

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.


Documents


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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