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Listed over 1 year ago

ID#560203

Northland

Wellington West
Tender
4
2
170
(1,829.86 sq.ft.)
521
(5,607.99 sq.ft.)

Grand old lady who's feeling her age! Buyer interest invited over $690,000

She's the diamond in the rough, the worst house in the best street, and will appeal to buyers wanting to invest in one of Northland's prime spots, surrounded by some of Wellington's premier homes.

First time on the market in over 70 years, and in spite of her appearance, this circa 1900 villa, has many beautiful features of a by-gone era, with high studs, ornate scotia, original native matai timber floors, and concrete and brick foundations.

Whilst untouched in the past 50 years, this property presents an unparalleled canvas for renovation or demolition, allowing you to craft your dream home.

Spanning a generous 521m2 of land area, and offering an ample 170 m2 of floor space, this home provides plenty of room to create a stunning residence or even explore the potential for a lucrative rental income.

Converted into a home and income in the 1960's, this property offers:

Main house:
2 generous double bedrooms
Large lounge
Open plan kitchen and dining
Bathroom

Downstairs flat:
1 double bedroom
Family room or second bedroom
Separate lounge
Spacious kitchen/dining
Bathroom
Laundry and storage below

The downstairs flat has sustained recent smoke damage, but appears to have no fire damage, noting there are no chattels included in the sale.

We don't often say 'as is, where is', but this distressed villa is not for the faint hearted. So whether you're a seasoned builder seeking a new project, a property developer, a very experienced handyman, or an ambitious homeowner yearning to create your own slice of paradise, this property is a rare find that shouldn't be missed.

My vendor is realistic to the current condition of the property, so don't delay, contact me now and arrange a viewing. Unlock the untapped potential of this villa, where the possibilities are only limited by your imagination.

Viewings by appointment only, contact Mike Adams on 021 621686

Tender closes: 1pm, Thursday 31st August (not selling prior)

R.V $1,330,000 (Land Value $1,290,000)
Rates: $4,869.35pa
LIM report available

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Agent

Michael Adams

Leaders Real Estate (1987) Ltd Licensed REA Act 2008

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

A senior player in the Wellington residential property market, Michael brings over 25 years’ experience to the table with his in-depth understanding of the current market place, along with a powerful combination of top service and professionalism to all his clients. Michael’s belief that the best way to secure the highest sales price is through customer service, outstanding negotiating skills and being able to think strategically, has seen him consistently achieve recognition as one of the companies top 10% of performers.

Michael credits these outstanding results to his understanding of the vital importance of developing long-term relationships with his clients based on trust, knowledge and support and to this end, many of his clients have bought and sold multiple properties with him. Having lived in Miramar for the past 28 years, Michael’s understanding of the Eastern suburbs is parallel to none, having extensive experience of new and sub-divisible property with developers, Valuers and other associated professional bodies often seeking his opinion.

Born and raised in Blenheim, with that wonderful rural value of a man’s handshake is his word, Michael brings honesty and integrity to all his client relationships. His early career focused on retail and hotel management, which honed his customer relationship skills and his belief that client service is the catalyst for excellent results.

An avid sportsman Michael represented Marlborough in both rugby and soccer. He also competed in rowing, cricket and athletics during his schoolboy years. Michael presently enjoys playing golf, snooker, soccer and mountain biking.

Outside of real estate Michael enjoys spending time with his partner, their 5 children and is actively involved in assisting elderly folk in his local community and working with those with mental illness.

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This property was photographed by

Grant Down

Media Specialist

Wellington

ID#560203

Northland

Wellington West
Tender
proudly marketed by
Michael Adams
Leaders Real Estate (1987) Ltd Licensed REA Act 2008
Michael
021-421-686
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