Hidden Opportunity on Stone Street

Web Ref#LOWE2899

Nestled down a private driveway, this humble 1950s home sits on a prime site of *552sqm (*Source: Property Guru, includes driveway). The flat, easy access rear section poses a number of interesting options to explore: renovate and rejuvenate the existing home, demolish and build new, speak to WCC about the possibility of building more than one dwelling (as has been done on some other Stone Street sites).

Stone Street is located in the heart of Wellywood, with all of Miramars handy amenities nearby from the supermarket, to the Roxy Cinema, the Library, Stone Street Studios and shops, all in easy walking distance.

Currently configured as a three bedroom, one bathroom family home, our client has enjoyed living in this stellar location for nearly 40 years. There is undeniably some significant deferred maintenance that needs to be addressed, or the new owner might believe that starting with a blank canvas, and removing the existing property, is the most prudent way to capitilise on this prime location.

Opportunities such as this in popular Miramar Central are becoming rare as hen's teeth - don't let this one pass you by.

Deadline sale (unless sold prior) closes 1pm, Thursday 16th July 2020, 8 Kent Terrace, Wellington

RV $650,000 | Deadline Sale. Closing 1.00pm, 16 July 2020 at 8 Kent Terrace, Wellington (Unless sold prior)

Additional Features

  • Bedrooms: 3 Bedrooms

  • Bathrooms: 1 Bathroom

  • Garages: 1 Carport

  • Off-Street Parking: 3

  • Rates: $2,918.75

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