Lyallbay

Whether you're a developer looking for a prime site, a builder who wants to renovate an original character home, or just someone who loves challenging projects, this property offers an amazing opportunity in the heart of one of Wellington's most popular and populous suburbs. Features includes: - A truly blank canvas: make no mistake, this three-bedroom house is in dire need of renovation - or removal - but still retains vintage aspects of its '20s character, including high ceilings, native floorboards and north-facing deep veranda - Incredible potential to capitalise on new housing density rules and redevelop the prime 568sqm^ site for multi-unit showcase close to shops, bus stops and schools - Leafy North-West facing position for exceptional sun, with lawns, trees, and courtyards - Once-in-a-generation opportunity - this is the first chance to buy since 1998! - Premium location that's on the bus route, zoned for Wellington College and Wellington Girls' College, and just a short walk or bike ride to decile-10 Karori West Normal School, Makara Peak Mountain Bike Park, sport fields and parks, and the hub of Karori shopping and community services - Single garage: plenty of room to rebuild, redevelop or to landscape for a new era of family living - A very realistic BEO of $595,000 (Ratable Value $1,270,000!!!) The owner has asked us to get this sold and we challenge anyone to find better at this price point. Restore or build from new in a top suburb that's hugely popular with families and professionals alike. Don't miss Sunday's viewing. (^Source: Property Guru) Tender Closes at 1pm, Thursday 1st December 2022 at 8 Kent Terrace, Wellington (will not be sold prior).