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Realistic vendor will meet the market

Papanui, 39 Bourne Crescent

$55,000

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Listing Number: NB3421
About this listing
The out-of-town owner is relinquishing part of her investment portfolio and is offering three leasehold properties to the market for sale. She will also consider a trade for one freehold property of similar value if preferred.
This represents a great opportunity to invest in the property market for minimal cost by purchasing the leasehold, taking ownership of the dwelling, and offsetting the ground rent payable to the landowner from the rental payments made by your tenant. Mitigate the financial effect of vacancy by spreading your investment across more than one property if your situation allows.
190 Condell Avenue is located directly opposite the Papanui Bowling Club and the sports and recreational facilities offered at Edgar Macintosh Park. It is a two-bedroom brick dwelling built circa 1957 and is sited on a spacious 731sqm section. The dwelling is well forward on the site leaving a generous and usable grassed yard at the rear with perimeter plantings and border gardens. The rooms are spacious and functional, and the home is oriented to allow maximum sun and light through large windows. A single garage and ample off-street parking serve the property.

Also available: 22 Flower St and 190 Condell Avenue.
Call today for further details or your appointment to view.
Property Information
  • Approx Floor Area: 100 sqm
  • Land Size: 771 sqm
  • Property Type: House
  • Property Features: Smoke alarms, Other (Security lights)
  • Roof: Iron
  • Tenure: Leasehold Details (Leasehold)
  • Approx year built: 1957
  • Property condition: Good
  • House style: Bungalow
  • Garaging / carparking: Off street
  • Construction: Brick veneer
  • Joinery: Timber
  • Flooring: Carpet and Timber
  • Window coverings: Drapes, Net curtains
  • Heating / Cooling: Heat pump, Other (HRV)
  • Electrical: Satellite dish
  • Chattels remaining: Blinds, Fixed floor coverings, Light fittings, Curtains, Drapes, Net curtains, Rangehood, Separate cooktop, Separate oven (x2), Waste disposal, Heat pump, Smoke alarms, Security lighting, Clothesline
  • Kitchen: Open plan, Separate cooktop, Separate oven, Rangehood, Double sink, Waste disposal and Finished in Laminate
  • Living area: Separate living
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double
  • Additional rooms: Other (Studio)
  • Main bathroom: Separate shower
  • Views: Urban
  • Aspect: North, South, West
  • Outdoor living: Clothes line
  • Fencing: Fully fenced
  • Land contour: Flat
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools

Contact Details

Property Location

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