Final week- Auction this Friday at 12pm Sharp

Auction to be held in rooms, at Level 2/76 Hereford Street at 12pm Friday.
Serene Treetop Retreat, As Is Where Is, 2 Titles
Positioned in a unique treetop spot boasting fabulous views to Pegasus Bay and beyond, this hugely appealing character cottage presents a rare and exciting opportunity to repair & enhance or landbank in this picturesque and private location.

Instilling confidence and underpinning the as is where is investment is the large land parcel on two cross-lease titles, with a total area of approx 948sqm, presenting a potentially lucrative offering and multiple prospects for development.

Built in the 1920s with a further addition in the 90s, this 3 bedroom character home has enormous personality and charm, and retains the beautiful timber joinery of its era, combined with vibrant dcor. The fantastic spaces on offer incl the generous downstairs living area which opens to an attractive courtyard, encircled by mature trees. The dining room provides a separate zone for family dinners or entertaining friends, and hidden under the house is an incredible wine cellar or extra storage if required.

Deemed an 'uneconomic repair', purchasers will be motivated to develop their own repair strategy, which could potentially provide a margin. Equally, some purchasers may see the chance to landbank and, with the cottage being very liveable, could provide a solid holding income. The purchaser could also live in the cottage while developing the front site.

Located in an established and desirable hill suburb, close to the city, you could take full advantage of all that Huntsbury living has to offer. With excellent cafes nearby and multiple walkways and cycle routes in the valley, an idyllic lifestyle is on the cards. Sought-after St Martins School is located at the bottom of the hill.


Auction Fri 31 May at 12pm, in rooms at Ray White, Level 2, 76 Hereford St (unless sold prior).
For property files, go to: http://www.propertyfiles.co.nz/property/30and30aRamahanaRoad