148 Tedder Avenue and 181 Pacific Road, North New Brighton Dual Site Coastal Project - As Is, Where Is

Available PropertyFiles:

  • CheckhomeGeneralBuildingInspectionReport (1).pdf
  • CheckhomeGeneralBuildingInspectionReport.pdf
  • Multi Offer Form_148 Tedder & 181 Pacific.pdf
  • Purchasers Consent_148 Tedder & 181 Pacific.pdf
  • Sale and Purchase Agreement_148 Tedder & 181 Pacific.pdf
  • /148 Tedder Ave/
    • a. Title_148 Tedder Ave.pdf
    • b. Rates_148 Tedder Ave.pdf
    • c. LIM_148 Tedder Ave.pdf
    • d. LLUR_148 Tedder Ave.pdf
    • e. Insurance_148 Tedder Ave.pdf
    • f. Healthy Homes Report_148 Tedder Ave.pdf
    • g. Rental Assessment_148 Tedder Avenue.pdf
    • h. PS3 & PS4_148 Tedder Avenue.pdf
    • i. Recladding Quote_148 Tedder Ave.pdf
  • /181 Pacific Road/
    • a. Title_181 Pacific Road.pdf
    • b. Rates_181 Pacific Road.pdf
    • c. LLUR_181 Pacific Road.pdf
    • d. LIM_181 Pacific Road.pdf
    • e. Insurance_181 Pacific Road.pdf
    • f. Rental Assessment_181 Pacific Road.pdf
  • /Auction Contract & Forms/
    • REA Sale and Purchase Guide.pdf

Property Description

Engineering reports confirm foundation relevelling and flooring works have been completed with producer statements (PS3 & PS4) available, providing confidence around the structural base. A professional reclad quote is also available, giving clear direction for those ready to take the next steps.

Adding to the appeal, a rental appraisal of $620-$650 per week (per home) highlights the income potential once the homes are compliant and tenanted, strengthening the case for investors.

Key Points:
• Sold as is, where is with no vendor warranties
• Reclad quote and engineering documentation available
• Foundation and flooring works complete (PS3 & PS4 issued)
• Rental appraisal: $620-$650 per week, per property
• Ideal for investors seeking strong long-term returns
• Land bankers will value dual-site ownership in a beachside location
• Renovators can add value and modernise to their own standard
• Zoned Residential Suburban (RS) for flexibility in future use

Location Benefits:
Just minutes from North New Brighton Beach, Taiora QEII, and Rawhiti Golf Course, these homes are perfectly placed for lifestyle appeal. Families will also note zoning for Shirley Boys' and Avonside Girls' High Schools.

With the combination of coastal living, completed engineering works, and a strong rental appraisal, these properties represent an outstanding opportunity for investors, renovators, and land bankers alike.

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Mark Holland

GRENADIER REAL ESTATE LTD

Licensed Agent REAA 2008

02041857668   mark.holland@harcourts.co.nz   All Listings

Mark Holland knows what sells. He is an expert in communication, property aesthetics and the latest market trends. However, his true area of expertise is in ‘As is Where is’ and development properties – from single-story villas to newly-constructed multi-unit townhouses. Where there is a deal to be done, Mark will be there. Mark understands that real estate is a fast-paced and ever-changing challenge, so his passion for results, his aptitude for math, systems, and organising work, and his dedication to his clients, are the essential elements of his undeniable success. Mark is always looking four steps ahead. With his enthusiasm for results, Mark is undoubtedly an agent to keep your eye on. For any property-related advice, Mark is always available for a chat.