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Fantastic Dual Opportunity - Commercial And Apartments

Te Aro, 216A Willis Street

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Listing Number: WL24240
About this listing

SOLD - This listing was sold in November 2016.

This centrally located building offers a fantastic opportunity to have numerous income streams or live in one apartment and still have a great return.
Multi-purpose means you have so many choices. At present the owners live in the beautiful, sunny, 175m2 upstairs apartment, and another separate, smaller two-bedroom apartment is rented at $575 per week ($29,900 per annum). Below is a spacious, self-contained, high-stud office premise with tenant on site, returning $20,000 per annum, and beside this is another large warehouse/office space with its own docking bay. Well maintained and 70% earthquake rating. Drive on, with three car parks, makes this a rare and attractive opportunity.

AUCTION: Friday 11 November 2016 at 12.00pm., Harcourts Wellington City Office (not selling prior)
Property Information
  • Approx Floor Area: 493 sqm
  • Land Size: 378 sqm
  • Tenure: Freehold
  • Property Type: Apartment
  • Garaging / carparking: single lock up bay / 3 off street parks
  • Construction: concrete
  • Joinery: some double glazed (excluding bathroom). Steel frames
  • Roof: Iron and copper spouting. Roof new 2005
  • Insulation: Ceiling
  • Flooring: Vinyl and Other (concrete)
  • Heating / Cooling: Electric, Other (HRV throughout whole building temp controlled - dry gallery. 2 x heat pumps)
  • Property Features: Smoke alarms, Other (alarm, large storage)
  • Chattels remaining: Light fittings, Stove, TV aerial, Heated Towel Rail, Dishwasher, Rangehood, Folding Down Bed, Heat Pump Chattels for 2nd apartment: blinds, drapes, light fittings, fixed floor coverings, heated towel rail, stove, fridge, microwave, washing machine, dryer (and furniture by negotiation)
  • Kitchen: Dishwasher, Separate, Separate oven, Rangehood, Microwave, Pantry and Finished in Laminate
  • Living area: Separate living, Separate dining
  • Main bedroom: Double and Walk-in-robe
  • Ensuite: Separate shower
  • Main bathroom: Exhaust fan, Heater
  • Laundry: In bathroom
  • Views: City
  • Aspect: North
  • Land contour: Flat
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to schools, Close to shops
  • Fixtures/chattels excluded: Bookcases, cooktop in kitchen (apartment 1)

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Property Location

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