Prime THAB Site – Invest, Landbank or Develop, Double Grammar school zone, 6 beds 3 baths house with 3 car parks on 819m2 section, Current weekly rent: $1,530, easy walking distance to Westfield Newmarket, zone for Auckland Grammar School and Epsom Girls’ Grammar School, the neighbouring property at 6 Edgerley Avenue is also available, with over 1,600 m² of combined land, 4 Edgerley Avenue, Newmarket, Auckland

Prime THAB Site – Invest, Landbank or Develop

Positioned on the highly sought-after Newmarket / Epsom fringe, this freehold multi-unit investment offers immediate holding income with outstanding long-term potential.

Fully tenanted and generating reliable rental returns, the property presents an excellent opportunity for investors looking to secure a high-performing asset while exploring future options such as renovation, yield optimisation, or redevelopment (subject to Council approval).

Located within easy walking distance to Westfield Newmarket, public transport links and Auckland Domain, the property also sits within the prestigious double grammar zone for Auckland Grammar School and Epsom Girls’ Grammar School, ensuring strong tenant demand.

Investment Highlights:

• Freehold land area: 819 m²
• Building area (approx): 209 m²
• Current weekly rent: $1,530
• Consistent occupancy history
• Zoned Terrace Housing & Apartment Buildings (THAB) under the Auckland Unitary Plan
• Potential for renovation, land banking, or future redevelopment (subject to Council approval)

For buyers seeking a larger development footprint, the neighbouring property at 6 Edgerley Avenue is also available, offering the rare opportunity to secure over 1,600 m² of combined land in this premium location.

Contact the team today for further information.