Back 2/28 Douglas Street
Off Market

2/28 Douglas Street

Whakatane Bay of Plenty

2
1
1
80 m²
Unit
Andy StrettonAndy Stretton, last sold this property on 19 February 2025 after 98 days on market.

Overview

Motivated Vendor Ready to Sell!

Tucked away down a right of way on Douglas Street, near the Rex Morpeth end, this tidy unit is one of five in the complex and is set back from the road. It also includes its own lock-up single garage for added convenience. The location is ideal, just moments from shops, schools, Rex Morpeth Park, and swimming pools. Featuring two bedrooms, an open plan living, dining, and kitchen area, plus both a heat pump and wood burner. Step outside to a private courtyard, perfect for relaxing or entertaining with a barbecue. Seize the opportunity to secure this well-priced unit before the market shifts! With decreasing interest rates, now is the perfect time to invest, whether you are a first-time buyer or an investor looking to expand your portfolio. Currently tenanted at $410 per week, the tenants are eager to stay, offering a steady income stream from day one.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
80 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Whakatane over the last 12 months, the estimated median property value of 2/28 Douglas Street is $463.5k.

Median value
$463.5k
Estimated value range
$420k - $595k
Median days on market
31
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Whakatane. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/28 Douglas Street

2025
Sold
19 Feb 2025 by Andy Stretton, of EVES Real Estate Whakatane

Happy sellers in Whakatane

67%
67% of sellers in Whakatane reported that their sale price either exceeded or met their price expectations.

Whakatane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Whakatane over the last 12 months.

Local market activity for 2 bedroom units in Whakatane

In the last 12 months, 6 two-bedroom units similar to 2/28 Douglas Street, have been sold.

This represents a 67% increase in two-bedroom units sales when compared to the previous 12 months.

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