Property Details
Redevelop or Remedy
This property is all about opportunity and location! Just a stone’s throw from Lyall Bay beach, this fantastic flat section of 612 m2 currently has two dwellings, neither of which has a Code Compliance Certificate.
The larger dwelling at the rear of the property has been issued with a Notice to Fix. The vendor has made preliminary enquiries about obtaining Code Compliance Certificates for both houses. This hasn’t been progressed so the property is being sold as is.
All this makes it sound as if these houses are uninhabitable which is certainly not the case at all. The rear property was built in the late 1990’s and comprises four bedrooms, two bathrooms and a glamorous new kitchen.
The front property was built later and was leased until mid-May when the tenant shifted out. This comprises three bedrooms and two bathrooms.
Options abound here for someone to benefit from the existing situation. Demolish both and rebuild, live in one while remedying the other, or partially or fully redevelop the whole site – the choice is yours. (Subject to necessary consents being obtained from Wellington City Council.)
Additional details
Location
112 Freyberg Street, Lyall Bay, Wellington, New Zealand