Offer Accepted 11 March 2023, Settled January 2024

4 Tiri Road, Manly, Auckland

Purchase Price

Purchase Price


Investment Return

10% per Annum


6 Months

About this opportunity

We secured this property at a great discount. This was a deal that we put a offer in early 2023, but wasn’t accepted. It came back to us, and we offered slightly more, and this time round got accepted.

As this was a part of a larger subdivision, there was a delay as the drainage was not compliant to get the title issued, there was a delay from the vendor to get the works completed, however this settled eventually in January 2024

This 2 bedroom, 1 bathroom property on 344m2 land is in need of a extensive renovation. The builder have been through the property and renovation estimates have been supplied, with timeframes.

Located in the sought-after coastal neighborhood of little Manly, a location offering the a combination of a relaxed, friendly neighborhood.

Little Manly Beach is only a 178m walk away. Manly Village shops 450m away, having the doctors, chemist, dairy, licensed restaurants & fantastic cafes an easy walk away. Top schools Whangaparaoa Primary and College zoned with the bus stop just around the corner.


We are looking to complete this project, end to end in 5 months, with 1 month contingency.

Investment blocks of $50,000 or more are required.

Please contact us to find out about our other investment options – we are always looking for Joint Venture Partners, or we can do profit share options.

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Purchase Price $497,000
  Loan LVR% 57.69%
Loan Amount $300,000
Renovation Cost $106,950
Consultation, Counsil, Holding, GST, Interest Cost $46,200
Total Cost $673,150
Sales & Marketing  $29,325

ROI on Sale (6 months deal): 24,23%

Target Sale Price $800,000
Estimated Profit $97,525

Annualised ROI = 48.46%

Charl van Wyk

Substantial personal portfolio with over 18 success projects delivered across the last 5 years. High focus on specialist education

Contact Us

This development has enormous potential. For more information on this, please reach out to us.