255 Coutts Street, Rongotai

Presented for sale by

Steve Fejos & Lorraine Edwards Setting a New BENCHMARQUE in Real Estate

255

Coutts Street Rongotai For further information refer to: www.leaders.co.nz/47443 or www.open2view/274204 or stevefejos.co.nz

Rongotai - 8 x 1 Double bedroom Apartments

Introducing 255 Coutts Street Rongotai

Built in the 1970’s this is a great retirement investment opportunity which rarely becomes available. The property is being offered for sale by three separate owners as one lot and consists of 2 buildings, each identical and consisting of 4 x 1 double bedroom unit titled apartments.

This is ideal for a single investor or alternatively two investors ho may buy one block of 4 units each.

Each Apartment has an allocated carpark and there is ample space for vehicles to pass and turn in the courtyard. Each apartment is approximately 40 m2 and is designed as a comfortable one bedroom apartment..

Contact: M 0275 621 777 or Direct Dial 04 212 6772 or E stevefejos@xtra.co.nz

Rongotai - 8 x 1 Double bedroom Apartments

Purpose built of solid concrete block and low maintenance materials.

The Apartments consist of a small separate hallway and a separate Double bedroom. At the end of the hall is the living room and the semi open plan kitchen area. Some of the units have had this wall partly opened up.

The property is located just a short walk to the pedestrian under pass through to the Airport and also located within walking distance to the Outlet Stores in the Rongotai Retail Complex and also the Kilbirnie Shopping Centre.

Having strong employment opportunities in the area this property has had a solid record for tenancy and rental returns.

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

RONGOTAI - 8 X 1 DOUBLE BEDROOM APARTMENTS

Property Details Address:

255 Coutts Street Rongotai Wellington

Rateable Value: Land Value: (as at 1 Sept 2009) Value of Imp

Capital Value

$ 680,000 $ 800,000 $1,480,000

Rates $8,847.24 (as at 1July 2012) Total Size of Land Approximately 732 m2 Heating: Electric.

Built 1970 - 1979

Chattels: Stove, Fixed Floor Coverings, Light fittings, Drapes, Blinds, Curtains Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Unit 6 Unit 7 Unit 8

Legal Description: Unit 1 UP 45219 - AU1A Unit 2 UP 45219 - AU2A Unit 3 UP 45219 - AU3A Unit 4 UP 45219 - AU4A Unit 5 UP 45219 - AU5A Unit 6 UP 45219 - AU6A Unit 7 UP 45219 - AU7A Unit 8 UP 45219 - AU8A

Rateable Value, Land Value, Impr. Value. Rates $180,000 $85,000 $ 95,000 $1,083.52 $180,000 $85,000 $ 95,000 $1,083.52 $190,000 $85,000 $105,000 $1,128.29 $190,000 $85,000 $105,000 $1,128.29 $180,000 $85,000 $ 95,000 $1,083.52 $180,000 $85,000 $ 95,000 $1,083.52 $190,000 $85,000 $105,000 $1,128.29 $190,000 $85,000 $105,000 $1,128.29

Rent $200p.w. $200p.w. $200p.w.

Presently $225p.w. $200p.w. $225p.w. $200p.w.

Bond Tenancy $600.00 Periodic $760.00 Periodic $480.00 Periodic Owner - Occupied $450.00 Periodic $480.00 Periodic $450.00 Periodic $400.00 Periodic

For Sale by Tender: T ender documents available on request from the Exclusive Marketing Specialist Steve Fejos.

Mobile 0275 621 777 After hours 212 6772 Email stevefejos@xtra.co.nz. For Further Information: refer to www.leaders.co.nz/47443 or www.open2view.co.nz/274204 or stevefejos.co.nz DISCLAIMER: Steve Fejos and RE/MAX Leaders Real Estate 1987 Ltd Licensed under the REAA 2008 are not the source of information presented in this document. While we strive for accuracy, it is possible that the information may contain errors or omissions. We disclaim any liability for any such errors or omissions. Persons should verify all details for themselves.

Title

Steve Fejos - Setting a New BENCHMARQUE in Real Estate

Rongotai - 8 x 1 Double bedroom Apartments

Floor Plans

3D Floor Plan

Indicative only Contact: M 0275 621 777 or Direct Dial 04 212 6772 or E stevefejos@xtra.co.nz

Rongotai - 8 x 1 Double bedroom Apartments

Floor Plans

3D Floor Plan

Indicative only Steve Fejos - Setting a New BENCHMARQUE in Real Estate

Steve Fejos Exclusive Marketing Specialist RE/MAX Leaders Real Estate 1987 Ltd Licensed under the REAA 2008 M 0275 621 777 or A/H 04 212 6772 or email stevefejos@xtra.co.nz Setting a New BENCHMARQUE in Real Estate

Steve Fejos

Exclusive Marketing Specialist Born in Wellington and educated at St Patrick’s College RE/MAX Leaders Real Estate 1987 Ltd Steve entered real and Victoria University in Wellington Licensed under the REAA 2008 estate in August 1993, having come from a background M property 0275 621management.

777 or A/H 04 212 6772 1996 Steve was in In January or email: stevefejos@xtra.co.nz appointed Sales Manager for Challenge Realty’s Oriental Bay Office. Within eighteen months Steve took the office Born in Wellington and educated at St Patrick’s College and into the top ten in the Challenge Realty Group. Steve went Victoria University in Wellington Steve entered real estate in on to purchase three Wellington offices in October 1997.

August 1993. In January 1996 Steve was appointed Sales Manager for Challenge Realty’s Bay Office.

Over the next seven years Steve Oriental was instrumental in Within eighteenthe months Stevefrom tookathe office into topto ten in the growing company sales team of the twelve a team Challenge Realty wentthousand on to purchase three of sixty eight salesGroup. peopleSteve with four house sales Wellington offices in October worth over 1.5 billion dollars! 1997.

Over the next seven years Steve was instrumental in growing Shortly after Steve sold the business he was approached the company from a sales team of twelve to a team of sixty

by Ray White Australia and asked to restructure their eight sales people with four thousand house sales worth over International business model so as to increase their 1.5 billion dollars! competitiveness with RE/MAX. At the time over three Shortly after Steve sold the business he was approached hundred sales people, in Queensland alone, had left Ray

by Ray White Australia and asked to restructure their White to join RE/MAX. In the next few years Steve played a International business model so as to increase their huge part in turning around the fortunes of Ray White and competitiveness with RE/MAX. At the time over three increasing the number of sales people by over 40%. hundred sales people, in Queensland alone, had left Ray White returned to join RE/MAX. In the next few years Steve Steve to New Zealand in November 2005played and a huge part in turning around the fortunes of Ray White took up the role of Director of Operations for RE/MAX and increasing the The number of sales people by over 40%.and New Zealand. role was to assist broker owners Steve returned in November 2005 and top sales peopletoatNew newZealand and established RE/MAX offices, took up the role of business Director ofplans Operations for RE/MAX to implement their and maintain the New Zealand. In of 2006 wide range of leading momentum the Steve fastestattended growing areal estate company international industry training seminars in Denver, - the RE/MAX brand, in New Zealand and Australia.Chicago In and Brisbane.

After more than fourofhundred during 2006 Steve attended a wide range leading flights international his threetraining years inseminars his corporate careerChicago Steve decided to industry in Denver, and resign and return to what he loves doing most selling real Brisbane. estate in Wellington. © Steve Fejos 2011 After more than four hundred flights during his three AWARDS RECEIVED: years his corporate career Steve decided to resign and REINZ in Awards: return to what he up loves doing most - selling real estate in 2012: Runner Best Multi Media Award.

Wellington.

NZ Real Estate Awards of Excellence 2012

Steve’s extensive experience in Real Estate spanning 2010: Top 5 Finalist ‘National REINZ Awards of local, national and international markets is aSalesperson huge benefitoftothe Excellence - NZ Residential his clients.

ThisOnly and his innovative unique marketing Year’.

Finalist outsideand Auckland. techniques is ‘Setting a New BENCHMARQUE in RE/MAX Awards: Wellington Real Estate’.

2010: RE/MAX New Zealand ‘Manager of the Year’ © Steve Fejos 2011 RE/MAX ‘Platinum Club’ Award

Lorraine Edwards

Exclusive RECEIVED Marketing Specialist AWARDS :

RE/MAX Leaders Real Estate 1987 Ltd

REINZ Awards: Licensed under the REAA 2008

M 0274-462-103 or ‘National WORK 04-383-8282 2010: Top 5 Finalist REINZ Awards of or email: ledwards@leaders.co.nz Excellence - NZ Residential Salesperson of the Year’.

Finalist outside Auckland.

A resident of Only Island Bay since 1980, Lorraine has been successfully RE/MAX Awards:selling residential Real Estate in

the Southern & Eastern suburbs since 1989.

2010: RE/MAX NewReal Zealand of the With over 23 years Estate‘Manager experience in Year’ Re/max ‘Platinum Club’ Award marketing and negotiation, Lorraine believes the key to successful Real Estate selling is to ensure 2009: Re/max ‘Platinum Club’ Award every property she lists for sale, receives maximum 2008: Re/max Club’ Awardto achieve a exposure to the‘Gold market in order premium price for the Vendor. Lorraine also 2007: Re/max ‘100% Club’ Award believes in consistent, regular communication with during the sales process and in impartial L.J.Vendors Hooker brand: feedback to the Vendor of buyer’s comments and 2003: Top 10 International Office for Gross interest in their property.

Commission. 10th place Based in the Island Bay office, Lorraine’s experience, local knowledge, and friendly, 2002: Winner of the ‘Nationalintegrity Franchise Owner of the professional serviceagain! ensures Vendors are Office Year’ Award Topthat 10 International alwaysfor totally delighted with the Gross Commission.

7thresult placeshe achieves for them.

2001: Winner ‘Most Productive Team’ Award and Testimonials Winnerthe ‘National Communications Award’ After making decision to sell our family home and Top 10 International Office for Gross of many years, we contacted Lorraine at Re/Max Commission. place Leaders Island Bay. 8th From the time of our first contact until the time that we were advised that of the 2000: Winner of the ‘National Franchise Owner the deposit theand purchaser had been received, Year’ from Award Top 10 International Office for we canGross only describe Lorraine’s work as excellent Commission. 5th place and feel that the successful outcome was largely Testimonial: because of her experience, ability and integrity.

Gary Ahearn, Regional Director of RE/MAX Australasia Francis & brings David Reardon says, “Steve together a vast experience and understanding of all facets of real estate. Having been Lorraine provided a very professional service very successful in sales in the mid 1990’s Steve in really selling our house.

She is an exceptionally positive made his mark on real estate by establishing a very personand andstrong is willing to go the extra because credible company under themile L.J.Hooker she believes in what she does and she genuinely brand. The standards he set are still the standards some wants best for all parties. offices arethe striving to attain.

However it is Steve’s ability to relate to all people in the community which is his Mary Lynch outstanding strength.”