RWC Auckland is pleased to present a rare bulk investment opportunity at 50A-F Spring Street, Onehunga, comprising six modern townhouse dwellings being offered as one bulk deal and sold in one line.
The portfolio provides investors with an established and consistent rental income stream, allowing the purchaser to secure an income producing asset from day one while acquiring six residential dwellings within a single transaction.
Currently generating $3,910 per week in gross rental income, the portfolio provides a combined annual rental income of approximately $203,320, with individual rents ranging from $630 to $680 per week.
At approximately three years old, the properties offer a significant point of difference to many traditional investment blocks brought to market in one line. Completed in March 2023 by Ashcroft Homes, the relatively recent construction provides modern specifications, strong building longevity and a lower anticipated maintenance profile compared with older residential investment stock.
Adding further flexibility, each dwelling is held on a separate freehold title. While being acquired together as one bulk deal, the individual titles provide the purchaser with multiple options over the long term, whether that means retaining the entire portfolio for rental income or potentially selling individual dwellings in the future to release capital, subject to market conditions and applicable requirements.
Each townhouse comprises two bedrooms, two bathrooms, open-plan living, off-street parking and a private fenced rear garden. Modern features include double glazing, heat pumps, Bosch kitchen appliances and engineered stone benchtops, while there is also no body corporate.
The location further strengthens the investment proposition, with Onehunga offering excellent connectivity to public transport, major arterial routes, motorway access, employment hubs and a wide range of established local amenities. The properties are approximately 600m from Onehunga Town Centre, 700-800m from Onehunga Train Station and within 5km of State Highway 20 and State Highway 1.
Bulk investment opportunities of this nature are extremely difficult to find. Investors are often faced with older housing stock when purchasing residential portfolios in one line, where maintenance, refurbishment and future capital expenditure can materially affect the overall return. 50A-F Spring Street provides an opportunity to acquire a modern six-dwelling portfolio, established rental income and separate freehold titles within one transaction.
Key Features
• Six modern townhouse dwellings offered as one bulk deal and sold in one line
• $3,910 per week / approximately $203,320 per annum gross rental income
• Individual rents ranging from $630-$680 per week
• Approximately three years old, completed March 2023
• Six separate freehold titles providing future flexibility
• Modern construction with strong building longevity
• Lower anticipated maintenance and capital expenditure compared with older investment stock
• No body corporate
• Established Onehunga location with strong tenant appeal
• Excellent access to public transport, motorway connections, arterial routes and employment hubs
• Rare opportunity to secure a modern residential investment portfolio at scale
50A-F Spring Street represents an opportunity to acquire a modern, income producing residential bulk deal with the flexibility of six separate titles and the potential to provide both immediate rental income and future capital flexibility.
Rental information and further investment details available upon request.
50A-F Spring Street, is being offered for sale by Deadline Private Treaty closing at 3pm on Thursday 15th October 2026, with all offers to be submitted in writing by the closing date (unless sold prior).
For further information or to arrange an inspection, contact Tristan Swart (021 175 8451), Lottie Smith (022 643 3547) or Matthew Warden (022 044 7908).
