218 Oriental Parade
Oriental Bay
218 Oriental Parade Oriental Bay
proundy marketed by
Tommy's Real Estate Ltd MREINZ
Enquiries over $2,295,000 A rare and unique, opportunity to acquire a blue-chip property in one of Wellington's prime locations. This 4 X flat Investment property (land and building) is elevated above iconic Oriental Parade and has much to offer including; • Four well-appointed flats that include; 3 X 2 Bedroom, 1 X 1 Bedroom • Fully tenanted on fixed leases at $123,240 per annum with a potential upside in rent • Well maintained during their ownership, current Vendors have replaced the roof, repainted the exterior, and more recently re-piled/re-engineered the foundations, insulated to new standard in the ceiling and where possible under the floor, a number of appliances have been replaced • All flats have security systems and their own individual secure storage lock-up with power • Outdoor living is also superbly catered for with balconies and decks • Dual access from Oriental Parade and the Hay Street Extension, with resource consented plans for a car deck on Hay Street (informal car-parking arrangement for two cars currently in place) • Spectacular sun aspect, and expansive views of Oriental Bay, Wellington Harbour and the city • Oriental Bay is widely held as one of the most desirable real estate locations in New Zealand With a strong rental history and the added long-term potential for capital growth - this property presents itself as a unique opportunity for astute investors, or a home and next level income for an owner/occupier. Call Zoe Smith 021 856 887 for viewing times. Agency reference #: T16692
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Upload by David Garratt
Wellington Central/North