Stoke
1-14 Acorn Way, Stoke, Nelson
+20
Nelson investment gold: 14 homes in one block
Bayleys proudly presents 1-14 Acorn Way, Stoke - a truly rare and exciting opportunity to purchase an entire street of 14 standalone homes. This unique development of three-bedroom houses offers investors a highly attractive, long-term proposition in a prime Stoke location.
Built in 2013 by trusted local developers, each property is designed to high specifications and maintained to an impeccable standard. Fully compliant with Healthy Homes regulations, each house features its own internal garage, beautifully landscaped gardens, and access to a private walkway leading to the scenic Railway Reserve.
Positioned just down from the Stoke Library, Acorn Way is a short walk from cafes, shops, supermarkets, and a range of amenities. Its proximity to Isel Park, Greenmeadows Centre, the medical centre, and Nayland School makes it a prime location for tenants seeking convenience and lifestyle.
• 14 homes across two freehold titles
• Each property is individually serviced and fenced, primed for future freehold subdivision
• 100% tenanted, generating a strong rental income of $430,135 per annum
• Attractive to a broad tenant base, with periodic and fixed-term leases in place
• Opportunities for rental revision and added value
• Healthy Homes compliant & impeccably maintained
• Prime Stoke location with access to key local amenities
Asking Price $9,450,000 including GST
Acorn Way is an unparalleled investment opportunity, offering immediate returns with ongoing value and future potential. It's rare to be able to purchase an entire street, let alone in such pristine condition and with exceptional tenants.
Invest in your legacy today - For more details or to arrange a private viewing, contact us today.
Gill Ireland
Vining Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Exceptional rental portfolio of standalone three-bedroom houses for sale with lower-risk tenants, 100% occupancy, and no history of rent arrears.
Add value
In addition to a strong rent roll; GST has never been claimed on these properties and there are options for rental review on the tenancies to create immediate benefits for a new owner.
Opportunity
Constructed to subdivision standards at the time, these 14 standalone houses have the potential to be subdivided, creating a value-added opportunity for the future owner.
Location
Just down from the Stoke Library, all of the township is within easy walking distance of Acorn Way. In zone for a range of good schools including the popular Nayland College.
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