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Level 1, 77 Thorndon Quay, Wellington

Units 1-5 46 Waitoa Road, Hataitai

Incredible Investment Block

bedroom

bathroom

parking

Floor Area (sqm)

400

Land Area (sqm)

Price

Tender Thursday 11th March - 12pm

Category

rateable value

$1,830,000

SOLD

Viewing time

Floor Plan

This type of real estate is getting harder and harder to find! There are very few purpose-built blocks of flats this size and still under one ownership. Our current vendors have owned and managed this incredible block for the last 28 years.  The property has been well maintained to a very high standard and modernised throughout with each apartment boasting modern kitchens, stylish bathrooms, a real treat for the tenants. This has undoubtedly ensures there is no vacancy 52 weeks of the year!

The Facts

The central location is superb and only metres away from Hataitai Village shops, cafes, bus stops and a few minutes’ drive to the city.

It is common knowledge that there is a critical shortage ofrental accommodation in Wellington and our growing population means this scenario is unlikely to improve in the near future. The desirability of this typeof real-estate coupled with current record all time low interest rates, makes this a rare opportunity for any astute investor to add to their portfolio! This unique property will not only attract individual investors but will have obvious appeal to family trusts looking for long term capital gains.

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