Please be aware the property has had a price reduction to the current $399,000. RV $650,000. Also there are no yearly fees other than council rates and insurance to consider.
Please be mindful that the property has monolithic / plaster cladding and we have found lenders may require a higher deposit around of around 20%. To help you further please email to request property files. Information pack is then sent within the hour including disclosures.
Happy to take calls, texts or emails about the property in advance of your visit. Also happy to discuss further any known concerns or disclosures.
It is a semi-detached townhouse with no body corporate fees and the property boasts a generous half share of a 723sqm section, rich with birdlife. The main costs are council rates listed below just around $4,800 per year. The home owner has been asked what they pay for per year for insurance. For guidance purposes only they pay around $2,500 per year with landlord home insurance (insurance certificate in the information pack). Hopefully this helps buyers get an understanding of the potential fixed costs associated with the property per year.
The property has been a rental investment for the current owners who have enjoyed great tenants in the past. Now they would like to sell due to their circumstances changing. The property also has some work the seller has acknowledged the new owner would need to factor into the purchase. The work has been estimated by 4 different independent builders acting on behalf of different buyers at $30k-$40k. Unfortunately those buyers did not have the additional funds. Therefore finance of 20% plus at least something in that range of spare investment is advised to be factored into the purchase. The work mentioned can be sighted should you wish to bring a professional and seek further information on potential costs.
Key features include:
- An excellent layout with living areas situated downstairs and bedrooms upstairs.
- Fully insulated and equipped with a heat pump, panel heaters, and an HRV system.
- Two generously proportioned bedrooms, intelligently separated by the bathroom.
- A spacious bathroom featuring a shower over the bath, perfect for relaxing.
- An impressive open-plan kitchen that flows seamlessly into the dining and living spaces.
- A well-equipped laundry area, conveniently located and discreetly positioned.
- Exceptional indoor and outdoor flow, highlighted by a lovely rear patio and a fantastic decked area at the front, allowing for sun enjoyment throughout the day.
- An outstanding location in a cul-de-sac, offering ample parking as you will notice upon viewing the property.
- A short walk to public transport.
- Easy access to Karori Park, Makara Mountain Bike Trails, the Skyline Walk, local schools, and shops.
- Sufficient parking for two vehicles.
- A drive time of approximately 20 minutes to the city.
Buyer Information:
- Property is now vacant
- Floor plan attached with photos
- Building report
- LIM
- Council Rates $4,761.82
Rental information: The owners were last getting $610 per week. A new rental appraisal should be completed. Alternatively visit the Tenancy Government website and that will provide you with the latest lower, medium and upper level rents for 2 bedroom houses in Karori. I look forward to seeing you at the next open home.
