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Listed about 10 years ago

ID#351216

Maupuia

Wellington East
PBN
14
14
4
Approx
940
(≈10,118.07 sq.ft.)
Approx
821
(≈8,837.16 sq.ft.)
proudly marketed by
Steve Fejos
Lowe & Co Realty
Steve
0275 621 777
Message Me

INVESTMENT FLATS 14 UNITS

Units 1 - 14 / 32 Akaroa Drive Maupuia

Open Home: Sunday 3.15pm to 3.45pm

* Twelve One Double Bedroom Apartments
* Two Studio Apartments
* All Unit Titled of approximately 50m2 (less for 2 Studios)
* Each unit has an Open Plan Kitchen, Dining & Lounge
* Built in the 1970's
* Thirteen Units are currently rented and one unit is being held vacant for purchaser viewing
* Combined rental return of $181,000 per annum.

This is a wonderful opportunity to purchase one large investment property returning over $180,000 per annum. The property has been recently upgraded with double glazing on the North and Southern sides and repainted on the exterior and most interior flats. New low maintenance aluminum handrails have just been installed on all balconies. The property will need some strengthening work carried out however an engineer's report and options with costs are available for prospective purchasers.

The property is well built of permanent materials, has garaging for 4 cars and off street parking for a further 10 cars and is located in the popular eastern suburbs close to shops and transport.

Call Steve Fejos the Exclusive Marketing Agent at Harcourts Team Wellington Limited today or refer to www.open2view.co.nz/351213 & www.harcourts.co.nz Mobile 0275 621 777 Free Phone 04 212 6772 Email stevefejos@xtra.co.nz

Keywords

Property Type

  • Investment

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Agent

Steve Fejos

Lowe & Co Realty

Licensed Real Estate Agent (REA 2008), Member of the REINZ

Born in Wellington and educated at St Patrick’s College and Victoria University in Wellington Steve entered real estate in August 1993, having come from a background in property management. During the last 23 years, Steve’s Real Estate Career has included:
• Sales Manager for Challenge Realty’s Oriental Bay Office in 1996, during which time he took the office into the top ten in the Challenge Realty Group.
• Owner/Operator of three Challenge Realty Wellington offices in October 1997. During his 7 years at the helm, Steve grew the company from a sales team of twelve to a team of sixty eight sales people with four thousand house sales worth over 1.5 billion dollars!
• Restructuring Ray White Australia’s International Business model to increase their competitiveness with RE/MAX at a time when over 300 sales people, in Queensland alone, had left Ray White to join RE/MAX.
• Director of Operations for RE/MAX New Zealand in 2005, which involved a vast amount of travelling, attending a wide range of leading international industry training seminars in Denver, Chicago and Brisbane.
After more than four hundred flights during his three years in his corporate career, Steve decided to resign and return to what he loves doing most - selling real estate in Wellington. In 2007, Steve took up the position of Salesperson and Branch Sales Manager at Leaders Kilbirnie which he has held for nine years.

Successfully buying and selling real estate is about meeting people's needs, dreams and aspirations – and Lowe & co are a brand that exemplifies trust, honesty and integrity – attributes that Steve is passionate about!
The market is changing, the marketplace is strengthening, and Steve has been extremely impressed with Harcourts foresight and focus on Auction sales, where multiple buyers can help to achieve a higher sale price for a property. It is also one of the most transparent and preferred form of marketing for buyers.
His extensive experience in real estate spanning local, national and international markets is a huge benefit to his clients. This and his innovative and unique marketing techniques is ‘Setting a New BENCHMARQUE in Wellington Real Estate’.

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This property was photographed by

David Garratt

Media Specialist

Wellington Central/North

ID#351216

Maupuia

Wellington East
PBN
proudly marketed by
Steve Fejos
Lowe & Co Realty
Steve
0275 621 777
Message Me

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