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9 Bedrooms
5 Bathrooms
4 Parking
445sqm Land area SQM

'Ranui' Art Deco Apartments


Outstanding 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.

By Negotiation
Napier

Napier


Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Art Deco


Real Art Deco only one of its kind

Beachfront


On Marine Parade beachfront viewing

Location


Easy walking distance to CBD

Well presented


Refurbished to its former glory