44 Penzance Road, Mairangi Bay

For sale by negotiation

6 Bed
4 Bath
4 Lounge
1 Office
2 Garage
4 Other

Open homes

Saturday 2nd Aug
2:00pm - 2:45pm
Sunday 3rd Aug
2:00pm - 2:45pm

Rangi Zone: Two Homes, One Brilliant Address


Set on an elevated 675sqm freehold site with a sunny northeast outlook, this exceptional Home & Income property offers rare dual-dwelling flexibility in the heart of sought-after Mairangi Bay. Perfect for families, investors, or multi-generational living, it delivers lifestyle, space, and reliable income in one of the North Shore’s most prized coastal suburbs.

Zoned for Rangitoto College and just a short stroll to the beach, cafes, shops, and schools, this is an address that truly has it all.

Main Residence – Spacious & Versatile Living

Cleverly configured across two fully separated levels with private entry to each:
  • 4 bedrooms, 2 living areas, 1 dining room, and 2 study/office zones
  • Upstairs: 2 bedrooms, light-filled living and dining, study nook, 2 bathrooms (incl. master ensuite), and sea views from both the living room and master bedroom
  • Downstairs: 2 bedrooms, a second living area, office, and full bathroom — ideal for extended family, teens, or rental potential
  • Internal-access double garage plus 4 off-street parking spaces

Legal Minor Dwelling – Self-Contained 2-Bedroom Unit
  • 2 bedrooms, full kitchen, bathroom, and combined living/dining
  • Fully consented with independent entry and utilities
  • Water, power and gas sub-metered, with shared daily charges and internet for cost efficiency
  • Currently tenanted at $630/week, offering stable income

Financial Flexibility & Income Potential
  • Total rental potential: $1,660/week
* Main residence (previously rented at $1,030/week) – now vacant and ready for new occupants
* Minor dwelling – steady tenancy in place at $630/week

Perfect for:
  • Owner-occupiers seeking mortgage support
  • Extended or multi-generational families wanting independence under one roof
  • Investors looking for reliable dual-income returns in a premium school zone

Prime Location – Walkable, Coastal, and Connected
  • In zone for Rangitoto College, Murrays Bay Intermediate, Murrays Bay Primary, and St John’s School
  • Just minutes to the beach, supermarket, Asian grocery, cafes, shops, and public transport
  • Close to local parks and easy access to East Coast Road and SH1 for seamless commuting

Don’t miss your chance to secure a high-performing, future-proof property in a prime North Shore location.

Contact us today to arrange your private viewing or attend one of our scheduled open homes.

Property details

Location:
44 Penzance Road, Mairangi Bay
Property type:
Home and Income
Land area:
675m²
Bedrooms:
6
Bathrooms:
4
Family room:
4
Study / Office:
1
Garaging:
2
Off street parking:
4
Property ID:
916126
Title(s), Rental Appraisal, LIM - Land Information Memorandum

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Other nearby schools

  • St John's School (Mairangi Bay) 0.3 km
  • Mairangi Bay School 0.6 km
  • TKKM o Te Raki Paewhenua 1.4 km
  • Sunnynook School 1.6 km
  • Browns Bay School 1.9 km
  • Campbells Bay School2.1 km
  • Wairau Intermediate School2.5 km
  • City Impact Church School2.9 km
  • Pinehill School (Browns Bay)3.0 km
  • Sherwood School (Auckland)3.0 km
  • Target Road School3.0 km
  • Northcross Intermediate3.2 km
  • Oteha Valley School3.7 km
  • Torbay School3.7 km
  • Pinehurst School3.9 km
10 more schools

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