Sold Property

2 Te Hiko Street, Takapuwahia, Wellington 5022

  • 1068
  • 10
  • 10
  • 10

$1,750,000

Substantial 10x Unit Investment - Tender

With a change in circumstances my vendors are sad to offload this high income generating investment. Having a hefty rental return of $2,520 p/w equating to $131,040 p/a, this is truly an astute investors dream and one that we don't see very often in our market place!

The ten units are the same and each has open plan kitchen/dining/lounge, separate bedroom, and a separate bathroom which contains the laundry. The complex also provides for an abundance of off-street and on-street parking.

Situated in a premium location with Whitireia Polytech across the road, walking distance to public transport (including Porirua train station) and Porirua Central, what more could an owner want when trying to secure a larger investment?

Please contact Gavin Faulke 021 241 3498 to order your 'Buyers Pack' which includes: pre-purchase Builders reports, Meth reports, LIM report and up to date rental assessments.

Viewings are strictly by appointment so please do not hesitate to contact me to book your viewing time. (Please note, these are being sold as one transaction). Property ID: #PE7803

Show More

Sold Date

  • 27 April, 2017

Property features

  • Property Type: Block of units
  • Roof: Corrugated iron
  • Tenure: Crosslease (freehold)
  • Garaging / carparking: Off street
  • Construction: Weatherboard
  • Joinery: Aluminium
  • Insulation: Ceiling (top level)
  • Flooring: Vinyl and Carpet
  • Heating / Cooling: Electric
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove x 10, Clothes line x 3
  • Kitchen: Open plan, Upright stove and Finished in Stainless steel and Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower
  • Laundry: In bathroom
  • Views: Water, Urban
  • Aspect: North, East
  • Outdoor living: Clothesline
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Tank
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools
Read More

Office

Harcourts Paremata

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1068
  • 10
  • 10
  • 10

Sold Property

2 Te Hiko Street, Takapuwahia, Wellington 5022

$1,750,000

Substantial 10x Unit Investment - Tender

With a change in circumstances my vendors are sad to offload this high income generating investment. Having a hefty rental return of $2,520 p/w equating to $131,040 p/a, this is truly an astute investors dream and one that we don't see very often in our market place!

The ten units are the same and each has open plan kitchen/dining/lounge, separate bedroom, and a separate bathroom which contains the laundry. The complex also provides for an abundance of off-street and on-street parking.

Situated in a premium location with Whitireia Polytech across the road, walking distance to public transport (including Porirua train station) and Porirua Central, what more could an owner want when trying to secure a larger investment?

Please contact Gavin Faulke 021 241 3498 to order your 'Buyers Pack' which includes: pre-purchase Builders reports, Meth reports, LIM report and up to date rental assessments.

Viewings are strictly by appointment so please do not hesitate to contact me to book your viewing time. (Please note, these are being sold as one transaction). Property ID: #PE7803

Property Features

  • Property Type: Block of units
  • Roof: Corrugated iron
  • Tenure: Crosslease (freehold)
  • Garaging / carparking: Off street
  • Construction: Weatherboard
  • Joinery: Aluminium
  • Insulation: Ceiling (top level)
  • Flooring: Vinyl and Carpet
  • Heating / Cooling: Electric
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove x 10, Clothes line x 3
  • Kitchen: Open plan, Upright stove and Finished in Stainless steel and Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower
  • Laundry: In bathroom
  • Views: Water, Urban
  • Aspect: North, East
  • Outdoor living: Clothesline
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Tank
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools
Show More

Sold Date

  • 27 April, 2017

Gavin Faulke Harcourts Paremata

Request Live Stream Inspection
Harcourts Paremata

Office Harcourts Paremata Licensed under REAA 2008

Map Location

Get Directions

Need to sell before you Buy?

Need to sell before you Buy?

If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.