Pre-Construction Multifamily Development Sale: 114 Apartments in Auckland, NZ

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Financial Details

Asking Price:
$42,751,050
Profit Metric:
Net Operating Income (Annual)
Location:
Auckland, NZ
Source:
Date:
November 05, 2025

Key Highlights

Acquire 114 apartment units in a pre-construction discounted deal in New Zealand's largest city.
Potential for stable, government-backed rental income stream.
Developed by an entity with 45 years of successful multi-storey project experience.

Description

This offering presents an opportunity to acquire 114 apartment units (mix of 1, 2, and 3 bedrooms) currently under pre-construction in Auckland, New Zealand, with completion anticipated in Q2 2026. Positioned strategically on a major transport route, this investment benefits from Auckland's significant housing shortage and the potential for stable, government-backed rental income. The seller, who is the owner/developer, brings 45 years of proven experience in large-scale construction projects in the region. Buyers can capitalize on favorable exchange rates by purchasing this discounted asset before completion.

Industry Information

Industry Description:
Real Estate Development and Multifamily Investment in Auckland, New Zealand.
Classification:
Building & Construction

Operational Snapshot

Year Established:
1980

Real Estate & Lease

Status:
For Sale

Listing Details

Listing ID:
e97ceba4-c2d0-4cae-9cc3-0930adc967b9
Deal Status:
For Sale
Date Posted:
September 26, 2024
Last Updated:
November 05, 2025
Currency:
USD