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155b Wellington Street, Opotiki, Bay of Plenty, 2 Bedrooms, 1 Bathrooms, House

Offers over $199,000

155b Wellington Street, Opotiki, Bay of Plenty

2
1
1
60m2
210m2
HouseListed on Sun Sep 8
Most Popular

Opotiki and Surrounds 2 Bedroom Attention Investors

Here's a prime opportunity that combines exceptional value with family convenience, close to schools and preschools, ensuring strong rental demand.

This humble attached unit is a true diamond in the rough, offering a unique opportunity for those with vision. Featuring an open-plan living and kitchen area, this versatile space is ripe for renovation and transformation. The inclusion of a heat pump ensures year-round comfort, adding to the unit's appeal. Although it requires some TLC, this property represents a fantastic chance for both first-time investors and those looking to enhance their portfolios.

Imagine the potential of turning this space into a cozy home or a lucrative rental property. Its promising location, close to schools and preschools, provides a solid foundation for value-adding improvements. Whether you're a seasoned investor seeking your next project or a newcomer eager to make your mark, this property offers a blank canvas for your ambitions. Don't miss out on this opportunity to unlock its full potential and make it shine once again.

Act fast-this gem won't last long!

Location

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Council Data

Last update : 2024 12 11
Improvement value$85,000Increased by 11% from year 2019
Land value$175,000Increased by 257% from year 2019
CV(Year 2022 Month 07)$260,000Increased by 108% from year 2019
View typeNo appreciable view
ContourLevel
Land area210m²
Floor area60m²
Decade of construction1960
TitleGS4D/440
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 6855 HAVING 1/3 INT IN 825 SQ METRES BEING LOT 1 DP 6812 (AREA APPROXIMATE FOR SPECIAL RATING AREAS ONLY)
CouncilOpotiki
Estate descriptionFSIM,1/3,FLAT 2 DEPOSITED PLAN 6855
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ashbrook School
0.06 km
Primary
1-8
Government
Co-Educational
EQI: 551
1
Opotiki College
0.53 km
Secondary
9-15
Government
Co-Educational
EQI: 536
2
Opotiki School
0.96 km
Primary
1-8
Government
Co-Educational
EQI: 550
1
St Joseph's Catholic School (Opotiki)
1.50 km
Primary
1-8
Government
Co-Educational
EQI: 466
3
Woodlands School (Opotiki)
3.87 km
Primary
1-8
Government
Co-Educational
EQI: 522
3

Property history

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For developers

Unitary plan:-
Land:210m²
Title:Cross-Lease

Surrounding facilities

Wellington Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
131 Bridge street, Opotiki and Surrounds
0.31 km
3
1
80m2
Year 2024 Month 11 Day 29
$443,000
Council approved
136 Ford Street, Opotiki and Surrounds
0.29 km
3
1
76m2
Year 2024 Month 09 Day 29
$392,000
Council approved
0.12 km
3
1
81m2
Year 2024 Month 09 Day 16
$590,000
Council approved
130c Ford Street, Opotiki and Surrounds
0.34 km
3
1
90m2
Year 2024 Month 08 Day 29
$310,000
Council approved
19 Stewart Street, Opotiki and Surrounds
0.24 km
3
1
80m2
Year 2024 Month 07 Day 22
$338,000
Council approved

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Ref:OPK30149Last update:2024-11-26 10:50:34