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  • 20 beds
  • 10 baths

10 Central Avenue Avenues

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Outstanding investment opportunity

A rare opportunity to secure a high-quality, fully managed residential investment in the heart of Whangarei - the thriving gateway to Northland.

Positioned on sought-after Central Avenue, just minutes from the CBD, this offering presents a block of 10 well-maintained two-bedroom units in excellent condition, delivering strong income with minimal hands-on involvement.

Investment Highlights:

  • Block of 10 x 2-bedroom units

  • Fully furnished with a comprehensive chattels list

  • All units include dishwashers & washing machines

  • Secure, gated complex

  • Healthy Homes compliant

  • Professionally maintained and presented in excellent condition

Lessee pays all outgoings, including:

  • Repairs & maintenance

  • Rates

  • Insurance

Secure Long-Term Lease - Currently leased with 1 year remaining on a 10-year lease

Strong, established tenancy. Passive income with minimal landlord responsibility. Ideal for investors seeking stable returns. Flexible Purchase Options

10 Central Ave and 12 Central Ave available - Purchase individually or together

Can easily be combined to form one larger complex

Scale your investment to suit your strategy

Location Advantage - Why Whangarei-

Whangarei is a fast-growing regional hub and the commercial heart of Northland. With

strong rental demand, a growing population, and its position as the gateway to some of New

Zealand's most desirable coastal destinations, it continues to attract residents and investors

alike.

Central Avenue offers:

  • Easy CBD access

  • Close proximity to shops, services & transport

  • Consistently strong tenant appeal

  • Future-Proofed Investment

With high rental demand in Whangarei and quality two-bedroom units always sought after, this complex offers excellent re-letting potential once the current lease concludes.

Whether retained under lease or transitioned to individual rentals, the options are flexible.

The vendors are heading into retirement and are offering this premium asset to the market - creating a genuine opportunity to secure a turnkey investment in a tightly held location.

Viewings are by appointment only.

Location

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