Triple Income Cash Cow!

Property listing ID: 935231

Bedrooms
5
Bathrooms
3
Garage
1
Covered parks
1
Land area
916m²
Price / method
Auction Tuesday 23 rd June 2026 (unless sold prior)

The first sentence is - Highly motivated overseas vendors want to sell urgently. Prime Location + Expansive Land + Multiple Incomes An exceptionally rare “buy one, get three” opportunity has arrived at 1–3/31 Chesterfield Avenue, Glendowie — a versatile property set on an expansive 915sqm (mol) freehold section in one of Auckland’s most sought-after suburbs. Positioned in a premium Glendowie location, this unique property comprises 3 units, offering multiple income streams and outstanding future potential. Unit 1: Two-level, featuring 3 bedrooms, 1 bathroom, open-plan living/dining/kitchen areas, balcony and a single garage. It is currently rented for $690per week. Unit 2 is a downstairs one-bedroom unit with 1 bathroom and open-plan living/dining/ kitchen areas. It is currently rented for $400 per week. Unit 3 is an upstairs one-bedroom unit offering 1 bathroom, open-plan living/dining/kitchen areas, and a balcony. It is currently rented for $380 per week. In addition to the single garage, the property provides ample concrete off-street parking for all units. All three units have been professionally managed by APM Property Management, providing peace of mind for investors. There is also potential to further maximise returns through self-management. Endless Possibilities Await Whether you are looking to live in one and rent the other two, expand your investment portfolio with multiple rental incomes, or secure a prime land banking opportunity — this property delivers flexibility, location, and future upside in equal measure. Premium Glendowie Lifestyle Enjoy the convenience of being close to beautiful parks and beaches, including St Heliers Beach and Mission Bay, while remaining only a short drive to Auckland CBD. Families will also appreciate the exceptional school zoning for Glendowie School, Glendowie College, St Ignatius School (St Heliers) and Baradene College. Opportunities like this are incredibly rare in Glendowie. Secure this outstanding investment opportunity before someone else does. Call us today for more information or to arrange your private viewing!

Listed by Barfoot & Thompson , Kitty Long (Highland Park) , Vivian Mao (Highland Park)