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246 Oriental Parade, Oriental Bay, Wellington City

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Absolute Iconic Waterfront Apartment Complex
Features
7
5
3
440m2
175 m2
This is one of the very best residential investment properties you will find in central Wellington or New Zealand!
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This is one of the very best residential investment properties you will find in central Wellington or New Zealand!

Sitting proudly on Oriental Parade, Oriental Bay. This 4 unit titled complex is perfection for the educated investor or family trust in terms of quality, aspect and long term growth.

Configured as four Apartments + 3 separate garages in excellent condition, properties like this are few and far between. The apartments enjoy a lot of character features and uncompromised inner harbour views and sun. Healthy Homes compliant, this deluxe property is a must see. Floor Area 440m2 (combined) Land Area 175m2. Enquiries welcome from $4,500,000.

The Facts:

Comprised as three 2 Bedroom Apartments (all on periodic tenancies) + one 1 Bedroom Apartment (fixed to Aug 2024) + three 1 car garages.
All on separate Unit Titles so could be sold separately in the future
RV $5,145,000 (combined) WCC Rates $21,080pa + Building Insurance (Vendors) $37,598pa
The opportunity exists to acquire this premium investment in entirety located in one of the most sought after inner city suburbs in New Zealand. This is surely a once in a lifetime opportunity. One would say it's a strategic addition to any individual, family trust or investor's portfolio.

For a comprehensive information pack please call Harry Eggers on 021777806.


RED25394
Agent Details
Harry Eggers
Harry Eggers
M:
021777806
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