sold
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1 of 1
Sold Property
m2
$3,750,000
The vendors of this block of 27 studio flats in a prime Petone location are seriously offering this tightly held investment property to the market. Opportunities like this are few and far between.
On offer is approximately 1729m2 of level site with a three-level building housing 27 studio flats. Each flat has an assigned carpark. Located a minute's walk from Jackson Street, this is a highly desirable rental location, with transport, shops and cafes all literally on the doorstep.
This substantial property features:
* 27 studio flats with carparks
* Separate freestanding maintenance storage building
* Gross income of approximately $295,000
* Following refurbishment, potential income of $337,500
* Further development possibility by splitting into individual unit titles for resale
* Investment syndication?
Contact us today for further information.
Property ID: #WL25074
Office
Licensed under REAA 2008
m2
Sold Property
The vendors of this block of 27 studio flats in a prime Petone location are seriously offering this tightly held investment property to the market. Opportunities like this are few and far between.
On offer is approximately 1729m2 of level site with a three-level building housing 27 studio flats. Each flat has an assigned carpark. Located a minute's walk from Jackson Street, this is a highly desirable rental location, with transport, shops and cafes all literally on the doorstep.
This substantial property features:
* 27 studio flats with carparks
* Separate freestanding maintenance storage building
* Gross income of approximately $295,000
* Following refurbishment, potential income of $337,500
* Further development possibility by splitting into individual unit titles for resale
* Investment syndication?
Contact us today for further information.
Property ID: #WL25074
Office Harcourts Wellington City Licensed under REAA 2008
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.
457 Wellington Road, Marton, Manawatu / Whanganui 4710
$3,750,000 18 Oriental Terrace, Oriental Bay, Wellington 6011
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