Tender Details
Tender Date: 13 February 2018
Tender Time: 4:00pm

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ID #406715 (t16692) - Oriental Bay

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Residential, House

218 Oriental Parade
Suburb: Oriental Bay
Area: Wellington Central
Region: Wellington

Bedrooms: 7
Bathrooms: 3

  • Home & Income

    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 $116,480 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

    Oriental Bay is widely held as one of the most desirable real estate locations in New

    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.

    Listing Salesperson
    Name: Zoe Smith - Tommys Real Estate MREINZ - Tommy's Real Estate MREINZ Wellington
       Licensed (Real Estate Agents Act 2008)
       Member of REINZ
    Phone: 021 856 887
    A/H Phone: 04 212 4377

    Email: zoe.smith@tommys.co.nz

    View all this salesperson's property

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