Oriental Bay 246 Oriental Parade

A stylish top shelf investment opportunity, total block of 4 apartments offered for sale in one of New Zealand premier addresses, would suit a family trust or retiree looking for better yields than the bank (maybe live in one of them?)! Time to repatriate funds from the sharemarket or bank deposits to the tried and true bricks and mortar.

Unit 1- 1 Bed, 40sqm RV: $200,000: Rental $18,200 p/a
Unit 2- 2 bed - 92sqm +single garage RV: $700,000 : Rental $39,000 p/a
Unit 3- 2 bed - 92sqm +single garage RV: $680,000: Rental $39,000 p/a
Unit 4- 2 bed - 92sqm +single garage 92sqm RV: $900,000: Rental $44,200 p/a
All three of the 2 beds have been renovated to a high level.
Total: RV: $2,480,000. Rental: $140,400 p/a Rates: $14,060 p/a
To be sold by closed tender (will not be sold prior)
Inspection strictly by appointment.

Property Features

• Garages 3