Sharalyn Fraser Agency

Sharalyn Fraser Agency is modern, innovative and unique.. sophisticated, without being pretentious!

We live local, play local and know the local market, which means that we can position your property well to appeal to the broadest range of buyers through strategic marketing campaigns and savvy use of technology.

We understand the emotion that is always involved in a real estate decision and we love being a part of that journey with you to get the best outcome for you and your property.

Real Estate Agents

Sharalyn Fraser Agency
Sharalyn Fraser Agency
2 Mahara Place
Waikanae
Listing #:
eagle_1431569
Listed:
66 days ago

BEO $939,000

Immediate Income Stream | Two Townhouses

16 Eruini Street, Waikanae Beach, Wellington
Residential House
bedroom
4 Bedrooms
bathroom
2 Bathrooms
livingroom
2 Living Rooms
carparkgarage
2 Car Garages
floorarea
140m2 Floor Area
landarea
809m2 Land Area
About this property
An exceptional investment awaits at 16 Eruini Street, Waikanae Beach. This unique property features two well-maintained, adjoining two-bedroom townhouses, each equipped with a garage, all under a single title.

Currently a rental property with tenants eager to stay, this is a fantastic opportunity for a seamless transition into property management with an immediate income stream. Both townhouses have very tidy tenants on fixed-term tenancies, providing a combined weekly income of $950/Week, and both tenants have indicated they are keen to stay on beyond their expiry.

Positioned as one of three adjacent properties, 16 Eruini Street offers a unique development opportunity. With the possibility of acquiring neighboring sites, you can dream big and plan for future expansions, potentially creating your perfect home in this stunning coastal location.

Whether you're looking for a secure rental investment or planning a future development project, this property provides both immediate and long-term advantages. Enjoy the vibrant Waikanae Beach lifestyle, featuring a friendly community, pristine coastline, and abundant recreational activities right at your doorstep.

Don’t miss this exceptional opportunity to invest in a prime beachside location with tremendous potential. Secure your piece of Waikanae Beach today.
Check out whether you can get fibre internet
Meet your new neighbours on Neighbourly