AMAZING ONE OF A KIND OPPORTUNITY!

House Sold - Island Bay Wellington

Unobstructed views! Beautifully positioned overlooking the glorious South Coast. Views out on to Cook Strait, stretching as far as the eye can see. The snow topped hills of the distant South Island in view. Stunning evening sunsets with the water glistening below and boats gliding by. A rare opportunity presents itself. Find value in this one of a kind site and look to develop it further.

Current Land Value : $760,000

Improvement Value : $520,000
Rateable Value : $1,280,000

A truly rare opportunity to secure a 360sqm home with concrete foundations set upon a 945sqm section. Look to renovate, rebuild or live in as is.The homes features:

• Five double bedrooms with built in storage. The Master bedroom has a walk-in wardrobe, en suite and doors opening onto the deck taking in the amazing view
• Spacious open plan dining room, family room and kitchen all opening out onto the private patio
• Formal dining room and lounge centred with a gas fire
• Tiled family bathroom with separate guest toilet
• Double car garaging with internal access
• Established gardens and flat lawn area

OPPORTUNITY AND OPTIONS:
Built, owned and happily lived in by the same family for 22 years the home does have weather tightness concerns, that at your discretion will require work to be done.
Option One – Live in the home as is or look to rent it out. Then maintain it as required. Rental appraisal available.
Option two – Remove the home and look to rebuild using the existing foundations. Quotes available for demolition and rebuild.
Option three – Re-clad the home. Quotes available.
Option four – start again from scratch and build the home of your dreams on a site that will not disappoint.
High Street in Island Bay is tightly held and known for its breath-taking views and close proximity to the beach, Village, good schools, airport and city. Surrounded by million dollar homes whatever you decide to do you can be certain this will offer living like no other.