Sold Property

77-79 Atawhai Drive, The Wood, Nelson & Bays 7010

  • 1210
  • 660 m2
  • 17
  • 9
  • 14

Great Investment Opportunity

Nicely positioned on flat sites on the fringe of "The Wood" at the start of Atawhai Drive, these properties are currently providing an excellent return. Sunny with a north facing aspect, they are adjacent to Founders Historical Park with recreational facilities nearby at Neale Park.

Features:
- 2 separate buildings purpose built from robust concrete block and stucco on 2 freehold titles.
- Each block has 4 x 2 bedroom apartment units of approximately 82.5m2.
- Fully compliant with Healthy Homes regulations (reports available).
- Professionally managed by a Property Management Company.
- An additional building built as an office (double glazed) with Code Compliance 2013 is currently used as an additional one bedroom apartment.
- Currently fully let providing a total income of $186,940 pa.
- Possible future potential (subject to NCC approval of course) to divide in separate singular apartment units.
- 2021 Rateable Values - #77 $1,200,000 and # 79 $1,100,000. Property ID: #NN25492

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Sold Date

  • 20 June, 2022

Property features

  • Property Type: Unit, Block of units
  • Roof: Iron
  • Tenure: Freehold
  • House style: Other (Block of Flats)
  • Unit style: Number in block: 4, Number of levels: 2
  • Garaging / carparking: Off street
  • Construction: Block and Stucco - 1st level
  • Joinery: Aluminium
  • Insulation: Some
  • Views: Park
  • Aspect: North
  • Fencing: Partial
  • Land contour: Flat
  • Water supply: Town supply
  • Sewerage: Mains
  • Energy Efficiency Rating: 0.0
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Office

Harcourts Nelson

Licensed under REAA 2008

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Est. bond $1920
  • 1210
  • 660 m2
  • 17
  • 9
  • 14

Sold Property

77-79 Atawhai Drive, The Wood, Nelson & Bays 7010

Great Investment Opportunity

Nicely positioned on flat sites on the fringe of "The Wood" at the start of Atawhai Drive, these properties are currently providing an excellent return. Sunny with a north facing aspect, they are adjacent to Founders Historical Park with recreational facilities nearby at Neale Park.

Features:
- 2 separate buildings purpose built from robust concrete block and stucco on 2 freehold titles.
- Each block has 4 x 2 bedroom apartment units of approximately 82.5m2.
- Fully compliant with Healthy Homes regulations (reports available).
- Professionally managed by a Property Management Company.
- An additional building built as an office (double glazed) with Code Compliance 2013 is currently used as an additional one bedroom apartment.
- Currently fully let providing a total income of $186,940 pa.
- Possible future potential (subject to NCC approval of course) to divide in separate singular apartment units.
- 2021 Rateable Values - #77 $1,200,000 and # 79 $1,100,000. Property ID: #NN25492

Property Features

  • Property Type: Unit, Block of units
  • Roof: Iron
  • Tenure: Freehold
  • House style: Other (Block of Flats)
  • Unit style: Number in block: 4, Number of levels: 2
  • Garaging / carparking: Off street
  • Construction: Block and Stucco - 1st level
  • Joinery: Aluminium
  • Insulation: Some
  • Views: Park
  • Aspect: North
  • Fencing: Partial
  • Land contour: Flat
  • Water supply: Town supply
  • Sewerage: Mains
  • Energy Efficiency Rating: 0.0
Show More

Sold Date

  • 20 June, 2022
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Harcourts Nelson

Office Harcourts Nelson Licensed under REAA 2008

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