Open House: 22 Oct 2016 - 1:00pm to 2:00pm

99 Waghorne Street, Ahuriri

Napier, New Zealand


18 beds 8 baths

  • Property Details

    Once in a blue moon, an investment property of this calibre comes to the market. Just one street back from the beachfront, it's only a few minutes beachside walk from the cafes, shops and bars of the vibrant Ahuriri village. Sitting on 935m2 of prime Ahuriri land, this attractive 1950's two level stucco property consists of six x 2 bedroom apartments and two x 3 bedroom apartments bringing in a combined rental of approximately $82,000 per year with the potential to increase that substantially. The building is solid, built by and to house the builders of the Napier Hospital. Property dimensions allow the building of a third storey, affording great views of the seafront, the bay and the Kaweka Ranges. Landbank this property for the future; unit-title it and sell the apartments off individually; turn it into holiday rentals; use the very solid shell to make four luxury apartments and add a stunning third floor; or bowl it and build. Will not be sold prior to tender closing date.
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  • Additional Property Information

    This residential listing located at 99 Waghorne Street, Ahuriri, Napier has eighteen bedrooms and eight bathrooms. The property is presently selling for Tender.

    Please visit us at 99 Waghorne Street, Ahuriri, Napier during our upcoming open house scheduled on 22 Oct 2016, starting 1:00pm to 2:00pm.

    This property is listed by Kevin McLeod of Property Brokers based in New Zealand.