Back 355 St Aubyn Street
Off Market

355 St Aubyn Street

Moturoa Taranaki

14
7
8
404 sq.
1187 sq.
Block of units
Last sold for $21,000,000
Brendon ShepheardBrendon Shepheard, last sold this property on 03 November 2024 after 0 days on market.

Overview

Multi-Unit Gem in Moturoa!

Looking for a smart investment in Moturoa? This fantastic block of six units plus an additional two-bedroom dwelling offers a rare opportunity just moments from the Coastal Walkway. With 14 bedrooms in total, the potential here is huge for investors seeking solid rental returns. Currently, it’s returning $3,550 per week, $184,600 per year, making this an excellent addition to any portfolio. Two of the units have been nicely refreshed with fabulous new carpet, and all six are well-presented with open plan layouts and plenty of natural light. The units are cosy and comfortable with parking spaces allocated for each unit. With 14 bedrooms in total across the block, this is an opportunity not to be missed! The separate two-bedroom dwelling is a real bonus. This unit comes with its own small courtyard and garden shed, adding privacy and appeal to prospective tenants or even offering owner-occupier potential while renting out the others. The location is ideal, with schools, shopping at Mitre 10, and bus stops just down the road. Tenants will love being able to walk to the beautiful Coastal Walkway, making this an appealing and affordable place to live. With secure tenancies already in place, this property is a turnkey investment, generating impressive income from day one. Moturoa is in demand, and this multi-unit block ticks all the boxes for investors looking for a strong, consistent rental return. Contact Team Alannah and Brendon for more information about viewings, or for copies of documentation for this property.

Features

14 bedrooms
7 bathrooms
8 carspaces
404 sq. floor area
1187 sq. lot size
Block of units

Estimated Value

We need at least 3 similar 14 bedroom block of units sold in Moturoa over the last 12 months.

Property history for 355 St Aubyn Street

2024
Sold
$21,000,000
Private Sale/Treaty on 03 Nov 2024 by Brendon Shepheard, of Arizto
2023
Sold
Undisclosed
16 Aug 2023 by Jack Kurta, of Harcourts Team Taranaki

Happy sellers in Moturoa

74%
74% of sellers in Moturoa reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Moturoa over the last 12 months.

Local market activity for 14 bedroom block of units in Moturoa

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