BIG HOUSE - BIG OPPORTUNITY - RV $510,000 | Tender

22 Hinau Street, Tawa

  • Bedrooms8
  • Bathrooms2
  • Car Parking4
  • Living Areas2

Sometimes an opportunity taps you on the shoulder... Sometimes an opportunity whispers in your ear... and sometimes, an opportunity SCREAMS SO LOUD you just can't ignore it!

This solid mid-century house has the fundamentals all in place... a huge house, on a large site enjoying all day sun, with great views, 2 double garages, close to schools, shops and parks... but it is screaming for you to give it some love and really capitalise on this opportunity.

- 8 bedrooms - that's right, EIGHT!!
- Large eat in kitchen
- Separate dining and lounge rooms
- 2 bathrooms
- Second kitchen downstairs
- Two concrete double garages
- Elevated for nice afternoon sun and westerly outlook
- RV $510,000
- Rates $2,941.30pa

INVESTORS: currently this property is rented by the room and is earning a whopping (circa) $70,200pa to local workers. This is a fantastic income producer, with further potential via simple cosmetic improvements.

Make no mistake, there is work to be done here, if you want to maximise the potential on offer. This is not for the faint hearted! But if you have some vision and are willing to roll your sleeves up, the rewards could be all yours.

For Sale by TENDER (not selling prior):
- Closing 1:00pm Thursday 05 October
- At Lowe&Co, 8 Kent The, Wellington

Our clients have had 12 years of steady income from this property, but they plan to build a new family home, so this one is now surplus to requirements. Come check it out on Sunday and be ready to make your offer on tender day.

Address

22 Hinau Street, Tawa

Tender

Closes 1.00pm, 5 October at 8 Kent Terrace, Wellington

RV

RV $510,000

Listing ID

LOWE1612

Type

House

Floor Area

230 m² approx

Land Area

875 m² approx

Rates

$2,941.30