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Stoke

4A and 4B Sadlier Street, Stoke, Nelson

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801sqmย Land area SQM
4ย Bedrooms
2ย Lounges
2ย Bathrooms

Offers/Enquiries Over NZ$1,095,000

Dual unit investment - prime location, tenanted


If you are in the market to expand your investment portfolio then look no further. Tucked away down a back section, these two two-bedroom units represent a prime opportunity in a sought-after location.

With a half interest in 801 square metres of land, the units share approximately 191 square metres of floor area. They are almost symmetrical, resembling a mirror image. The internal garages connect at the center, while the living spaces diverge towards opposite ends and each has a generous garden area.

The prime Stoke location provides convenient access to a number of excellent schools. Both Nelson and Richmond town centers can be reached in under 10 minutes by car or it's a short walk to an eBus stop.

Unit 4A is to the left at the top of the drive, where there is space to park a vehicle if you opt not to utilise the single, internal access garage.
The kitchen is equipped with ample storage, a freestanding Westinghouse stove with rangehood, plus a breakfast bar with room for two.
The generous living area has a side door leading to a concrete patio on the sunny north-west side. The bathroom has been renovated.
The single garage contains the laundry area and is accessed via the second bedroom.

While the units are very similar, 4B has the below extras. It has space to easily accommodate two cars, along with the single, internal access garage. The kitchen here has Rimu floors and the breakfast bar has a lowered extension to accommodate dining chairs.
The living area has been extended slightly with the addition of a conservatory.

The layouts of bedrooms and garage are as for 4A, and both have Mitsubishi heatpumps. The bathroom in 4B is original with separate toilet.

Seize this wonderful opportunity to invest or live in this vibrant Stoke community. Contact Team Reed today for more information.

Dennis Christian

Dennis Christian

Residential, Commercial and Lifestyle Sales and Marketing

Vining Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Daniel Reed

Daniel Reed

Residential, Lifestyle and Subdivision Sales

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

Features

School zones


Within Nayland College catchment area

Layout


Two by two bedroom units, separated by central garages.

Investment


Tenanted and in desirable location

Rental appraisal


Current assessment at $450 - $480 per week for each unit

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.