


+20Outstanding Investment. \n\nMarine Parade location with uninterrupted ocean views. \n\nUnique Art Deco building, listed internationally for its architecture.\n\nRanui is a unique investment/opportunity to own this architecturally designed building, listed on the worldwide 'Archinform' website. \n\nThis 1938 Art Deco building is the only Miami Streamline Modern Style apartment building in New Zealand. \n\nA landmark at the southern entrance to Napier. \n\nIt has uninterrupted views of the ocean and Marine Parade.\n\nRanui cannot be built out. \n\nThere are five apartments comprising four x two bedroom apartments, which have been recently refurbished and one studio apartment. Large rear courtyard with garaging and storage. \n\nAll improvements have been done with the help and advice of Napier's Art Deco Trust. Improvements include new zincalume roof, repaved yard, replumbed, rewired and repainted. \n\nEach apartment is on its own title. \n\nOwnership options:\n1. Rent all five units, rental valuation $80,000 plus\n2. Live in one, rent others\n3. Live upstairs, rent downstairs\n4. Sell the five individual titles\n \nThis Art Deco building is to be sold as one.