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Listed 10 months ago

ID#570941

Berhampore

Wellington South
Tender
5
3
1
Approx
190
(≈2,045.14 sq.ft.)
379
(4,079.52 sq.ft.)

Home and Income - Opportunities Abound - BEO $595,000!!

Unlock the potential of this 5-bedroomed property, with all the fundamentals in place...a
large solid house, built in the 1960s as home and income, configured as 2 separate rental
streams, recently returning over $63,000 per annum.

This property will be of particular interest to builders, property investors, tradespeople, and
skilled handymen, as the property has areas of unconsented work in the lower flat, and is
therefore being sold in an 'as is, where is' condition.

Your efforts will reap great rewards, and this property is screaming for you to give it some
love and capitalise on this unique opportunity. Our Vendors are realistic in their expectations
due to the unconsented work, however, with the weatherboard exterior, tile roof, copper
spouting and concrete foundations, you're off to a good start.

Upstairs comprises:
- 3 double bedrooms, all with built in robes, and two panel heaters
- Sunny north-facing lounge, with heat pump and additional panel heater
- Separate dining, opening to a large country-styled kitchen, with lovely views south
- Generous bathroom, and separate WC
- Single garage, which includes the laundry, and internal access
- Native timber floors, skirtings, and architraves
- Sunny, fully fenced private courtyard

Lower flat:
- 2 double bedrooms
- Lounge / dining room
- Compact kitchen
- 2 bathrooms, 1 original and one modern
- Large sunny flat back garden

Our instructions are clear - this property must be sold, so do your homework and don't let
this great opportunity pass you by - call me now.

Tender closes: 1pm, Thursday 21 February 2024 - 30 Bay Rd, Kilbirnie
Rateable Value:$1,310,000
Rates: $5,359.41 per annum

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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#570941

Berhampore

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