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
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