Worst House Best Street...
Worst House Best Street...
Location, Location, Location and sweat equity are two adages that are synonymous with "getting ahead' when it comes to investing in Real Estate.
Both apply to this simple solid three bedroom 1940's stucco bungalow on its flat 607m2 site.
A beautiful Norfolk Pine Tree announces your arrival at the address beyond which the street front setting of the home and its mid 20th century architecture, presents it as very appealing.
A generous quintessential kiwi backyard presents the opportunity to extend the approx. 110 square meter house and improve on the single garage.
Inside is comfortably livable, but paint, paper and weekend sweat will be your company for a few months.
Here is an opportunity for those with a lesser housing budget to establish in a location that accesses St. Marys Primary School, Tauranga Intermediate School, Boys College and Girls College besides all the other conveniences of inner city Avenues living.
The capital value here is $330,000 among others in the short cul de sac street of $700,000, $800,000, $900,000 and $1million.
On the must look at list for the upwardly mobile.
PROPERTY INFORMATION MEMORANDUM:
Legal Description: Lot 1 DPS 11785; SA14A/519
Capital Valuation: $330,000
Land Value: $250,000
Rates: $1977.49
Exterior Construction: Stucco
Roof: Tile
Joinery: Wood
Floor Area: Approx. 110 square metres
Insulation: Under floor
Foundations: Concrete footings and piles
Age: 1949
Aspect: Westerly
Section Area: 607 square metres
Bedrooms: Three
Layout: See floor plan
Heating: Electric Heater, Gas Heater
Water Heating: Electricity
Garaging: Single
Chattels: Fixed floor coverings, light fittings, stove electric, rangehood, washing machine taps, bathroom heater.