98 Valley Road

Whakatane Bay of Plenty

262 m²

1674 m²

House

Currently for sale - view listing

Overview

4 Flats, 4 titles, big opportunity

An excellent investment opportunity is on offer here, in the sunny coastal township of Whakatane. Comprising four two-bedroom flats sitting on two freehold titles with a combined land area of 1,674sqm. The two flats on 96 Valley Road have a half share cross-leased title with an underlying freehold title of 761m2 while the two flats on 98 Valley Road have a half share cross-leased title with an underlying freehold title of 913sqm. Built in the 70's of durable brick and tile construction, they have certainly stood the test of time. Yes, they are ready for an upgrade but those with an eye to the future will appreciate the potential to add some real value here. With a sunny north facing aspect, all units have their living area opening out onto a concrete deck and outdoor courtyard. In addition, all units are serviced by an undercover carport. Nestled below the hills, the stunning backdrop of the Mokoroa Bush Reserve provides shelter from the coastal elements and a scenic outlook to be enjoyed. 96 and 98 Valley Road will be sold as one lot, providing an outstanding investment opportunity, an opportunity that demands your attention. Call Tony today for further information.