



• Asset 1 (The Quadplex): 4 independent apartments needing full updating (specifically new electrical wiring and new plumbing across all units). • Asset 2 (The Bonus Lot): A second building on a massive 2,400 sq ft footprint. Features a solid, reusable foundation but needs to be demolished. • Utility Premium: The second structure is already fully connected to city sewer and water, saving you tens of thousands in impact fees and excavation costs for future new construction or expansion. • Occupancy: 100% vacant. No dealing with tenant evictions or coordinating construction schedules around residents. Lockbox on site, start working on day one.
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $1712 | NZD $3,034* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
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Property ID: 110120917513
Original Property ID: 3yd-MREISME-1686314