Sold

44 Fifth Avenue,
Avenues, Whangarei District

7 bedrooms
4 bathrooms
1 car space
3,452m² land size
290m² building size
Unit

NZD 1,460,000


Property details

42 & 44 Fifth Avenue: Prime Investment Opportunity

Seize this unique investment opportunity featuring four well-maintained brick units on a 1826 sqm section, complemented by an additional 1626 sqm section on a separate title. Ideal for future development, this property offers substantial potential for both immediate rental income and long-term growth.

The property features four units; three spacious two-bedroom units and one one-bedroom unit. Three of the four units are currently tenanted, with tenants eager to stay on. Each unit boasts polished floors, carpeting, and neutral decor, ensuring a tidy living space.

Located on the desirable Fifth Avenue, this property enjoys a prime location. Conveniently located on a bus route, proximity to the town centre and hospital, providing essential amenities and services within easy reach.

With future development potential, the additional sizable section on separate titles presents an excellent opportunity for the future, maximizing the return on investment.
Don't miss out on this exceptional opportunity to invest in a property with both immediate rental returns and significant future potential. Contact Fiona today to arrange a viewing and explore the possibilities 42 & 44 Fifth Avenue offers.

For sale by Auction, 11:00 am Thursday 15 August (unless sold prior) This auction is being conducted online only. Please talk to your agent about bidding options.

Explore the area


School catchments

  • Whangarei Intermediate Intermediate Years 7-8 State 0.60km
  • Renew School Composite Years 1-15 State integrated 0.90km
  • Whangarei School Primary Years 1-6 State 1.2km
  • Hora Hora School (Te Mai) Primary Years 1-6 State 1.4km
  • Morningside School Primary Years 1-6 State 1.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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