26A Phillips Street, Awatoto
26A Phillips Street, Awatoto
Property Description
Double Whammy Invest and Nest
Two dwellings and a big shed with three phase power all on Industrial zoning... could this be your best chance to invest? One three-bedroom tidy modern home at the Eastern end with views to the coast and great outside living space for a family or continue to rent it out and take the returns. Behind is a second two-bedroom flat, with separate entrance off Waitangi Road, and already tenanted. It is well fenced between the two, yet all on one title of 1,298 sq m. The large industrial shed has heavy lifting gear, and loads of space, perfect for those considering a business base and is zoned general industrial. The houses are well elevated. Other small storage areas and plenty of parking make the site capable of fitting many plans. Maybe you'd like a home and income base, or just a quality investment now that the returns are once again more attractive in terms of deductibility. Do your sums and they will add up. There's a lot of opportunity here so make sure you look or give me a call to discuss your plans.
Legal description
26A Phillips Street, Awatoto 5 2 4
Legal Estate
Freehold
Legal/lot/flat/unit/legal DP Lot 2 - Deposited Plan 11257
Legal description Lot 2 DP 11257
Legal Unique Identifier or CT HBB3/486
Land area 1298 sq m
Floor area 180 sq m
Garages and/or Carports 4
Rateable value
Heating
Chattels
Freestanding Fire - compliant
Aircon / Heat Pump x 1, Aircon / heat pump remotes x 1, Clothesline x 2, Curtains, Fixed Floor Coverings, Freestanding Fire, Garage Door Opener, Garage Door Remotes x 1, Garden Shed x 2, Heat Lamp (three-bed house), Extractor Fan (three-bed house), Heated Towel Rail (three-bed house), Hob –Gas x 1, Laundry Tub, Light Fittings, Rangehood, Security Lights (shed and house), Stove, TV Aerial, Wall Oven, Washing Machine Taps
Age 1910-1980
Pre Purchase Disclosure - During Cyclone Gabrielle water entered the shed, neither house was affected- The water pump was replaced through insurance
Disclosure
The material supplied is passed to you on behalf of the vendor and in no way does the vendor or the vendors agent accept any responsibility for the veracity of the information. The information does not purport to contain all information that a prospective Purchaser may require. The purchaser is advised that after reading the information contained, they should seek legal and professional advice from the purchasers own advisors and are further advised to check with the originators of the material that the information is complete and correct. This LIM or any other reports should be in the purchasers own name if they want to have any recourse against the issuer/provider or any other persons for omissions or errors that have been relied upon. Neither the vendor or the vendors agent make any representation or warranty as to the accuracy or completeness of the information contained.
What you need to know
RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 FREEHOLD
Search Copy
Identifier
HBB3/486
Land Registration District Hawkes Bay
Date Issued 08 March 1966
Prior References
HB127/22
Estate Fee Simple Area 1298 square metres more or less
Legal Description Lot 2 Deposited Plan 11257
Registered Owners
Mark Stephen Bradbury
Interests
Appurtenant hereto is a right of way and to water and pipe line rights created by Transfer 91330
526386.2 Mortgage to Post Office Bank Limited - 12.4.1990 at 9.26 am
Transaction ID 3237059
Client Reference Title - 26a Phillips Street - 06.06.24
Search Copy Dated 06/06/24 2:31 pm, Page of 1 2
Register Only
ID 3237059
Reference Title - 26a Phillips Street - 06.06.24
Every method of sale explained
Other methods of sale are available for your property. Let’s look at all the options available to you.
Tender
A tender is a method where buyers submit confidential written offers for your property by a set date and creates a sense of urgency amongst potential customers. Offers can be accepted prior to the advertised close date, but this must be made clear in advertising. There is no reserve price but there may be a price guide. You have a five working day irrevocable period in which to decide which offer to accept.
Deadline Sale
A deadline sale is very similar to a tender process but is less formal and allows buyers to submit confidential written offers by a set date. Offers can be accepted prior to the advertised close date, but this must be made clear in advertising. There is no reserve price but there may be a price guide. Offers are made on a standard sale and purchase agreement rather than on specific tender documents.
Auction
Selling a property at Auction is an open process where buyers bid against each other. You set a reserve price before the auction and once this price is reached, the property is sold to the highest bidder
Price by Negotiation
This strategy sees a buyer make an offer based on what they think your property is worth. Buyers have to do their own research to make this judgement then you can negotiate with them on price through a sales person.
Fixed Price
A fixed price gives the buyer a price guideline and allows for a property search by price on real estate websites. The fixed price may make it easier for buyers to determine if the property is within reach. If the property is priced correctly, it will attract a lot of interest, and in some cases have multiple offers resulting in a premium sale price.
Shelly Witchalls
Tremains Napier are delighted to welcome Shelly Witchalls to the team, joining us from an agency with a long history in the Hawke’s Bay.
A residential property specialist, Shelly’s unwavering enthusiasm and dedication have seen her flourish in the industry and cement herself as one of the best in Hawke’s Bay. Having a deep understanding of the real estate industry combined with her being a self-confessed people person has enabled her to consistently deliver service for her clients that exceeds expectation.
021 835 444 shelly.witchalls@tremains.co.nz
Rob Nankervis
With over two decades of experience in the real estate industry, Rob has built a remarkable career marked by expertise, dedication, and a profound understanding of the market. His journey began with a solid academic foundation, earning a qualification in property management and valuation from Massey University. This education provided Rob with the technical knowledge and skills necessary to excel in various facets of real estate.
027 228 5291 rob.nankervis@tremains.co.nz
