3 legal, self-contained 1-bedroom units on 1 title, 701m² (MOL) freehold corner site + 2 vehicle entrances/way, Current combined rent approx. $86K/year , Previously had a 5-unit Resource Consent (now lapsed), Zoned for Mt Albert Grammar School, Walk to New World; minutes to Westfield St Lukes, motorway access, 7 Jesmond Terrace, St Lukes, Auckland

Deadline sale closes 3^rd April 2026 at 4:00PM(unless sold prior)

In Red-hot St Lukes, an extremely rare triple-income freehold corner on 701m² (MOL) land—bank strong cashflow today, with exciting long-term upside. (St Lukes / Mt Albert).

** 701m² (MOL) freehold corner site + 2 vehicle entrances/way
** 3 legal, self-contained 1-bedroom units on 1 title
** Current combined rent approx. $86K/year (records provided)
** Each unit has its own kitchen, bathroom + toilet
** Residential – Mixed Housing Suburban Zone
** Previously had a 5-unit Resource Consent (now lapsed)
** Land soakage report provided
** Wastewater line appears within the boundary (Please verify)
** Walk to New World; minutes to Westfield St Lukes, SH16 + Baldwin Ave Station (approx.)
** Zoned for Mt Albert Grammar School
——- Info-pack download : https://tinyurl.com/7jesmond ——–

St Lukes has long been one of Auckland’s most sought-after central-fringe pockets—loved for its unbeatable convenience, strong tenant demand, and the resilience that often comes with established middle-ring suburbs. This property puts the fundamentals front and centre: 3 legal income streams under 1 freehold title, giving you flexibility, vacancy-risk spread, and immediate holding power.

The 701m² corner landholding adds another layer of value—rare land size, easy access, and genuine future options. Importantly, the site was previously consented for 5 units (RC now lapsed), a useful reference point showing it has been through a consenting pathway before (future consents would be required).
Contact Roman Hu at 021 590 027 for viewing. Conjunctional sales are welcome