FREE APPRAISAL

04 801 8550

8 Kent Terrace, Mount Victoria

office@loweandco.nz

Melrose

LUCKY LERWICK - HOME AND INCOME

4
3
3
Melrose
Sold

OVERVIEW

Lucky you. The current owner is selling his golden investment after 27 years. This home and income is one of the better maintained investment properties we have seen and it's finally available. With character features, this warm and comfortable home has street appeal and enjoys an established sunny backyard and garden. Location is one of Lerwick Terrace secrets, being just off busy Queens drive. It's a short stroll to the Kilbirnie village and equally to Lyall Bay beach and the popular cafes. Schools and Colleges are close too, in fact, Lyall Bay school is just at the end of the street.

- Sunroom with french doors to the deck
- Healthy Homes certified
- DVS system
- Gas heating upstairs, heat pump downstairs
- Double glazing downstairs
- Attic with drop down ladder and basement provides extra storage space.

Upstairs - Three bedrooms, 2 bathrooms, 2 living.
Rental assessment $970.

Downstairs - one bedroom, one bathroom, one living.
Rental assessment $450.

Buy as a long-term investment or;

Alternatively, an owner occupier wanting to live upstairs and put their stamp on their "home", whilst utilising the income downstairs to supplement the mortgage or;

Vice versa. The one-bedroom downstairs is so tidy and lovable. Why not live here and enjoy a handsome income from above?

Either way you will feel very lucky.

RV $1,190,000

Tender closes 12pm, Thursday 24th February 2022 at 8 Kent Terrace, Wellington (will not be sold prior)

A valid My Vaccine Pass will be required for Open Homes. Private inspections do not require a valid My Vaccine Pass. For more information, please talk to the agent and refer to the REA Guidelines rea.govt.nz/news/covid-19/.

Property Information

  • AddressMelrose
  • Bedrooms4
  • Bathrooms3 Bathrooms
  • Family Room3
  • PriceRV $1,190,000 | Tender
  • RV$1,190,000
  • Listing IDLOWE4309
  • TypeHouse
  • Floor Area160 m2 more or less
  • Land Area372 m²

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