New, quality 2 brm secure apartment in sunny Bay of Plenty - nz$536.000

New, quality 2 brm secure apartment in sunny Bay of Plenty

QUAYSIDE APARTMENT – Whakatane, New Zealand

I am selling my new 2 bedroom apartment in the centre of sunny Whakatane and enjoy a relaxed, leisurely lifestyle. It has a rooftop pool and gymnasium and there are shopping, bars and cafes downstairs.

THE AREA
Just forty minutes by plane from Auckland, Whakatane is famous for it’s warmth and sunshine. For around 55 days of the year, Whakatane is the warmest place in the New Zealand. Whakatane is also famous for it’s leisure activities:
• Big game fishing that attracts fishermen from all over the world
• Boating. A new yacht marina is currently being planned.
• Golf.
• Coastal and bush walks.

The Quayside apartment is a mere 2 minutes walk from the harbour. Lovely, long, Ohope Beach is under 10 minutes away by car. The famous Rotorua lakes and the awesome native forests of Whirinaki and the Urewera National Park are within an hour’s drive. The cities of Rotorua and Tauranga are only an hour away.

THE APARTMENT
Quayside apartments are located in the heart of Whakatane’s town centre. The building rises 5 floors above the street. The ground floor consists of specialist shops. There are 43 apartments in total, with either 2 or 3 bedrooms. On the top floor are two penthouses and a very large recreation area – including gym and swimming pool – with views out to the Pacific Ocean. All of the apartments have superior quality fittings and each have large sundecks / balconies. Apartment size = 101.4 sq. m. Balcony size = 14.5 sq.m.

APARTMENT FEATURES
• Videophone security-controlled access
• Lift to all floors
• 2 secure parking spaces and storage locker for each apartment
• Double glazing
• Electronic security system
• Digital wiring for TV and sound
• Surface-mounted, wall-mounted and recessed incandescent light fittings.
• Halogen lights in kitchen and vanity
• Kitchen disposal unit
• Extra heavy duty 100% wool carpet

INVESTMENT POTENTIAL
The apartment is a sound investment. Whakatane town centre is a narrow strip of land squeezed between hills and the ocean. The local council are very conservative about granting licences for new developments. All this means that there is no scope for over supply of the market for apartments, often a common problem with investing in new areas where there is plenty of space to build on and plenty of developers wishing to capitalise on demand. Currently only two other multi story developments have been built in the town. At the time of writing, no other developers have been granted permission to build further such developments.

The eastern Bay of Plenty is one of New Zealand’s favourite holiday destinations. Should you wish to rent the apartment at any time, Quayside’s residential manager will take care of finding and vetting tenants.

Currently the town centre is undergoing a gentrification process. Sidewalk cafes and new restaurants are proliferating. The large superstores are re-locating to a large retail-designated area outside the town. A yacht marina is being planned for the river-mouth. The local tourist industry is going from strength to strength. This includes such activities as big game fishing, helicopter tours to nearby volcanic White Island and swimming with dolphins.

THE PRICE
NZ$536,000
On-going costs will include maintenance fee and the fees for the body corporate who administer the building and maintain the high profile of buyers / tenants.

THE SELLER
This particular apartment is offered as a private sale. For personal reasons myself and my parents wish to sell it on to a legitimate buyer.

I am living in London. Contact me on the landline at +44 208 682 1894 or on the mobile at +44 077177 62413.