Sold

16-20 Wickes Street,
Cobden, Grey District

10 bedrooms
3 bathrooms
2 car spaces
1,179m² land size
370m² building size
House

NZD 565,000


Property details

Chattels

  • Stove
  • Light Fittings
  • Curtains
  • Garden Shed
  • TV Aerial

Boost your Property Portfolio

If you're looking for a hands off addition to your property portfolio, look no further.

These 3 ex-housing New Zealand units sit on one title across a total land area of approx. 1,179 sqm with approx. 370sqm of floor area.
The units are all healthy home compliant, fully tenanted & professionally managed by Raywhite Hokitika.

The units currently gross $1,130 per week / $58,760 per year.
Insurance is approx. $3500 pear year
Westcoast regional & Grey district rates combined are $6,822.25

Very well designed, the three units have open plan kitchen and dining areas with good sized lounges.
Downstairs the units all have a separate toilet and a separate laundry. Upstairs, unit #16 and #20 have 3 bedrooms each, and the middle unit, #18 has 4 bedrooms.
All 3 units have an upstairs bathroom with a toilet in each.
Two units are heated by fireplace & the third has recently had a heatpump installed.

All tenants are very keen to stay in place making this a very easy transaction, producing a significant income.
Follow the link below to access the documentation we currently have on this property. (LIM, title, rates & rental appraisal)
https://vltre.co/rDnLO8

Call Vinnie today to organise a private viewing.

Explore the area


School catchments

  • Cobden School Full primary Years 1-8 State 0.70km
  • St Patrick's School (Greymouth) Full primary Years 1-8 State integrated 2.0km
  • Blaketown School Full primary Years 1-8 State 2.6km
  • Greymouth Main School Full primary Years 1-8 State 3.8km
  • Karoro School Full primary Years 1-8 State 5.1km

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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