Mortgagee Sale.
Regretfully time has run out for the owner, the lenders have now taken control and instructed that these properties be sold.
This property is one of two virtually identical homes offered for sale by mortgagee auction.
This is a clear-cut opportunity. The lenders are committed to achieving a result and will meet the market to get it done. If you've been waiting for value in Howick's new-build market, this could be the opportunity buyers talk about for years.
Spread over 3 floors offering living on two and bathrooms on each plus an ensuite attached to the master bedroom this is an ideal home for those looking for space and privacy but don't have a million bucks to find it.
Check out the floor plan. The top 2 levels offer living, bedrooms and bathrooms with the ground floor providing garaging, laundry and the 4th bathroom plus another decent sized room that, because it doesn't have a wardrobe, can't be called a bedroom. I'm thinking a quick trip to Ikea would solve that problem. With that done and easy the access to the rear deck as well this could be an ideal scenario for a flat mate.
The property is on a freehold title so no body corp fees or the like, just the bank rates and insurance and given the building is less than 10 years old if premiums are going to be low this is the sort of building that will have them.
You snooze, you loose. I've got an open home this weekend for this home, and it's almost identical twin next door, with an auction for both on the 26th. Come along and have a look, this is, these are big bang for your buck.