Sold Property

5 Bay Drive, Titahi Bay, Wellington 5022

  • 843
  • 210 m2
  • 5
  • 4
  • 6

$750,000

Blue Chip Investment

Calling all investors, our vendor is downsizing their property portfolio and has this block of four units up for grabs. Situated in a premium location of the Bay within walking distance to the beach, public transport, shops and a reserve/park at the rear, these are the perfect earners for an astute investor.

Cottage - Two bedrooms currently tenanted - $320pw (commenced Nov 2006)
5a - One bedroom currently tenanted - $250pw (commenced Feb 2005)
5b - One bedroom currently tenanted - $250pw (commenced Oct 2005)
5c - One bedroom currently tenanted - $250pw (commenced Oct 2011)

After a higher rental return? There is an opportunity to add value overtime to each of the units, increasing the rental yield.

Pre-purchase Builders reports, Meth reports, LIM report and up to date rental assessments available upon request.

Viewings strictly by appointment so please contact Gavin Faulke on 021 241 3498 to register your interest . Property ID: #PE7796

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Sold Date

  • 11 April, 2017

Property features

  • Roof: Iron
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Garaging / carparking: Off street
  • Construction: Brick
  • Joinery: Timber, Aluminium
  • Insulation: Ceiling
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, TV aerial
  • Aspect: North
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Backyard access, Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to schools
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Office

Harcourts Paremata

Licensed under REAA 2008

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Est. bond $1920
  • 843
  • 210 m2
  • 5
  • 4
  • 6

Sold Property

5 Bay Drive, Titahi Bay, Wellington 5022

$750,000

Blue Chip Investment

Calling all investors, our vendor is downsizing their property portfolio and has this block of four units up for grabs. Situated in a premium location of the Bay within walking distance to the beach, public transport, shops and a reserve/park at the rear, these are the perfect earners for an astute investor.

Cottage - Two bedrooms currently tenanted - $320pw (commenced Nov 2006)
5a - One bedroom currently tenanted - $250pw (commenced Feb 2005)
5b - One bedroom currently tenanted - $250pw (commenced Oct 2005)
5c - One bedroom currently tenanted - $250pw (commenced Oct 2011)

After a higher rental return? There is an opportunity to add value overtime to each of the units, increasing the rental yield.

Pre-purchase Builders reports, Meth reports, LIM report and up to date rental assessments available upon request.

Viewings strictly by appointment so please contact Gavin Faulke on 021 241 3498 to register your interest . Property ID: #PE7796

Property Features

  • Roof: Iron
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Garaging / carparking: Off street
  • Construction: Brick
  • Joinery: Timber, Aluminium
  • Insulation: Ceiling
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, TV aerial
  • Aspect: North
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Backyard access, Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to schools
Show More

Sold Date

  • 11 April, 2017

Gavin Faulke Harcourts Paremata

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Harcourts Paremata

Office Harcourts Paremata Licensed under REAA 2008

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Need to sell before you Buy?

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