A View To The Future - Omokoroa Sold
Western Bay of Plenty, Omokoroa 15 A, B, C Coppelia Avenue
Property ID: ECH655
Keep your eye on the future development potential while your tenants cover the costs in this three unit property. The three units are on individual cross-lease titles but are being sold as one lot on a total of 860 sqm. Two of the units are two bedroom and one is five bedrooms and office, all have quality long-term tenants. There are excellent water views to be had from the property which lends itself to the future development of up to two homes as a land banking option. Or retain the property as a savvy investment. The current C.V is $1,191,000. The popular beachside suburb of Omokoroa is a happy home to families and retirees alike and is a location that continues to increase in popularity as Tauranga grows. Get your own slice of paradise.
Legal Description:
Firstly an estate in fee simple as to an undivided 1/3 share in all that parcel of land containing 860 square metres (more or less) being Lot 9 on Deposited Plan DPS11449 and Secondly an estate in Leasehold under Lease number L B055892.2 being Flat 1 on Deposited Plan DPS 60844. Both the first and second estates being comprised and described in Certificate of Title SA49C/768(South Auckland Registry). Firstly an estate in fee simple as to an undivided 1/3 share in all that parcel of land containing 860 square metres (more or less) being Lot 9 on Deposited Plan DPS11449 and Secondly an estate in Leasehold under Lease number L B055892.3 being Flat 2 on Deposited Plan DPS 60844 and Garage 2 on Deposited Plan DPS 60844. Both the first and second estates being comprised and described in Certificate of Title SA49C/769 (South Auckland Registry). Firstly an estate in fee simple as to an undivided 1/3 share in all that parcel of land containing 860 square metres (more or less) being Lot 9 on D
Year Built*:
1970's
Exterior Construction:
Brick,rough Cast,solid Plaster
Roof:
Longrun Iron
Joinery:
Aluminium
Bedrooms:
9
Chattels:
Fixed Floor Coverings, Blinds, Curtains, Light Fittings, Electric Stove X3, Rangehood X 1
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.