- $4,340 per week rental - $225,680 pa
- 13.5% Yield
- 6 x 1 Bedroom Units
- 6 x Studio Units
- All units tenanted $320 - $350 per week
- 470m² Floor area
- 2,023m² Freehold Site
- Solid Brick Construction
- Off-Street Parking
- Healthy Homes Compliant
- Cashflow Positive $1,200 per week - based on 100% borrowing and after expenses*
Why this property
- Cashflow positive approximately $1,200 per week after all expenses
- 12 units across 6 x 1 bedroom and 6 x studio - diversified income
- All units tenanted at $320-$350 per week each
- Solid brick construction on 2,023m² freehold site
- True set-and-forget income performer - professionally managed
- Healthy Homes compliant - some units already renovated
About this property
An exceptional high-yield block in Southland delivering $4,340 per week across 12 units on a 2,023m² freehold site. Returning 13.5% and approximately $1,200 per week positive cashflow after expenses, this is a true set-and-forget income performer.
The block comprises 6 x 1 bedroom units and 6 x studio units, all currently tenanted at $320-$350 per week each. Solid brick construction, off-street parking, and some units already renovated. Healthy Homes compliant.
At this scale and yield, this property delivers the kind of cashflow that most investors spend years building a portfolio to achieve. A rare opportunity in the current market.
Financial summary
| Purchase price | By negotiation |
| Weekly rental income | $4,340 pw |
| Annual gross income | $225,680 pa |
| Gross yield | 13.5% |
| Units | 12 total |
| 1 bedroom units | 6 x units |
| Studio units | 6 x units |
| Rent per unit | $320-$350 pw |
| Floor area | 470m² |
| Land area | 2,023m² |
| Bedrooms | 24 |
| Bathrooms | 12 |
| Cashflow positive | $1,200 pw |
Property details
About Southland
Southland offers some of New Zealand's most compelling investment yields, driven by affordable property prices and strong worker housing demand. The regional economy is supported by farming, fishing, and manufacturing.
At this price point and yield, Southland represents exceptional value for investors seeking large-scale cashflow positive assets.