About the property

The property at 504-506 Glenfield Road, Bayview, Auckland offers 17 townhouses with a mix of 2 and 3 bedrooms, all featuring open-plan living, a private courtyard, and allocated car park or carport.

The development is close to Glenfield, various shops, schools, parks, and beaches.

Prices range from $763,000 to $867,000 with expected yields of 4.46% to 4.60%.

Rent is projected between $660-$760 per week.

The project, led by Tuakiri Property, is expected to start in Q3 2024 and finish by Q2 2025. The area has a strong historical capital growth rate of 6.52% per year and high rental demand.