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17 Sarjeant Street, Gonville, Whanganui

Character, space and outstanding potential

dollar

Offers Over $299,000

House
House
Bedroom
3
Bathroom
1
Floor area
164m2
Land area
1206m2
Title type
Leasehold
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Property details

Listing # WGU214469 | Listed on 12 March

Step into the timeless charm of this spacious Californian bungalow, ideally positioned close to the CBD, retail amenities and the hospital. Rich in classic 1920s character yet refreshed for modern living, this appealing home blends style, space and exciting future possibilities.

Inside, you'll find three generous bedrooms, two comfortable living areas and a stylishly updated bathroom designed with everyday functionality in mind. Character lovers will appreciate the large verandah, elegant bay windows, ornate ceilings and beautiful timber detailing, while fresh updates throughout create a light, modern feel without sacrificing the home's original charm.

At the rear of the property, a sizeable detached studio opens up a range of options - ideal as a work-from-home space, artist's retreat, hobby room or additional storage.

Set on an expansive section with established gardens and ample off-street parking, the backyard offers privacy, room to move and exciting scope for the future. Buyers with an eye for opportunity may wish to explore the potential to add a secondary minor dwelling or additional accommodation option (subject to council approval), creating the possibility of supplementary rental income or flexible multi-generational living.

Please note: This is a leasehold property with a ground rent of $14,600 per year fixed until April 2043 and a guaranteed right of renewal, this leasehold property presents a genuinely affordable pathway into home ownership or a strategic investment opportunity.

Investors will appreciate the strong potential returns, with a possible gross yield of up to 11%, while first-home buyers and downsizers will recognise the rare value on offer. A property with character, versatility, and future upside in a sought-after location.

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Additional features

Roofing: Corrugated Iron
Exterior Cladding: Plaster/Monolithic plaster - Rough Cast/Stucco (cavity/no cavity)
Exterior Joinery: Timber
Lot Features: Fenced - Partial, Gas Mains - Connected, Street Frontage
Rooms: Dining - Combined Lounge, Separate Kitchen, Separate Lounge
Internal Features: Ventilation (HRV/DVS), Moisture Master Heats

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