148-162 McLeod Road, Te Atatu South, Waitakere

Significant BTR investment

• 96 two-bedroom units in three blocks over five levels
• 69 covered car parks and 27 open car parks - one car park per unit
• Central lift access to each block
• Close to Te Atatu Road, public transport, and the Northwestern Motorway
• Established residential location within 20 minutes of Auckland's CBD

Opportunity to enter the build-to-rent (BTR) market with a brand new complex due for completion in April. Units are all two bedrooms with sizes between 50sqm and 53sqm (approximately) in two layouts. Central corridor design with each building split into a northern and southern wing.

A typical construction type featuring precast concrete exterior walls in the main with fully developed interiors including appliances, LED lighting, sprinklers, and heat pumps. Exceptionally well presented and the design will assist in minimizing future maintenance requirements.

Vacant possession allows a new owner to apply their own tenancy strategy. The property is offered for sale in one line or within three separate parcels. It forms part of McLeod Green with the site governed by an incorporated constitution and managed by a resident's association.

For sale by Tender (unless sold prior) closing 4 pm (NZST), Wednesday 24th April 2024 at Bayleys House, 30 Gaunt Street, Auckland, New Zealand

All requests for information and arrangements, including site inspections are to be directed to Bayleys as the sole agent.

Ian Hall
+64 21 451 411
ian.hall@bayleys.co.nz

Tommy Zhang
+64 21 760 889
tommy.zhang@bayleys.co.nz

Layne Harwood
+64 21 630 136
layne.harwood@bayleys.co.nz