118 Browns Road, Manurewa - myplace | Real Estate for Sale in New Zealand

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$271K NET INCOME P.A. | 7.15% NET RETURN

118 Browns Road, Manurewa, Manukau City

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Investment Highlights:

$271,000.00 + GST p.a. NET income per building.

5 Individual Freehold Titles - Each with its own standalone building

Net Yield of 7.15% - After deduction of rates and management fees

Fully Managed - Common areas overseen by Browns Road Management Ltd (no body corporate required)

12-Year Leases with Rights of Renewal - Secure, long-term tenancies

Net Lease Structure - Tenants cover insurance and compliance obligations

Leases with Landlord Personal Guarantee Included

This is your golden moment to secure a purpose-built social housing asset. Completed in July 2023, 118 Browns Road comprises five standalone buildings, each held on a separate freehold title, and individually leased on long-term contracts. This investment has been meticulously designed and structured to deliver stable, hands-free returns and long-term value.

Strategic Location:

Adjacent to Homai Railway Station - Seamless access to Auckland's Southern Line

On Major Bus and Arterial Routes - Enhanced mobility for residents

Hundreds of Public Carparks - Directly opposite the site

Walking Distance to Countdown Supermarket & Laundry Services

Close to Major Employers and Local Services

Interested? Get in touch with the Don Ha Projects Team today.

Ketan Patel
021 262 8041
ketan.patel@remax.co.nz

Don Ha
021 968 309
don.ha@remax.co.nz