Professionals - Redcoats Limited Wellington

An award winning real estate team, specialising in residential and commercial sales, letting and property management. Licensed under the REAA 2008.

We are local property experts who specialise in all facets of residential real estate from sales and marketing to property management, body corporate, letting and investment.

Locally owned and managed, supported by administration staff and an in-house marketing department. Professionals, Redcoats Limited offers a multi professional service designed to fulfill your every real estate need.

Real Estate Agents

Professionals - Redcoats Limited Wellington
Professionals - Redcoats Limited Wellington
Unit 1
27 Buller Street
Te Aro
Wellington 6011
Listing #:
RED25394
Listed:
54 days ago

Enquiries Over $4,500,000

Absolute Iconic Waterfront Apartment Complex

246 Oriental Parade, Oriental Bay, Wellington City
Residential House
bedroom
7 Bedrooms
bathroom
5 Bathrooms
carparkgarage
3 Car Garages
floorarea
440m2 Floor Area
landarea
175m2 Land Area
About this property
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.


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