Listed: Tue, 13 May

HOME + INCOME + STUDIO

3-5 Knoll Street, Island Bay, Wellington, Wellington

Enquiries over $995,000

6+ Beds
3 Baths
210m² Floor
632m² Land

Other Features

1 Garage parking
1 Off-street parking
Home & Income potential

Attribute	Value
Property type	House
Capital value (CV)	$1,160,000
Parking	Single Garage, Off Street x 1
Agency reference	T25201
Broadband in the area	Fibre, ADSL, Cable, VDSL, Wireless

Options and opportunity await! A spacious three income property placed on a 632sqm section with subdivision potential. The options are endless - look to live in the three bedroom portion, rent out the two bedroom unit and chose to Airbnb/rent out or use the third studio space as a work from home opportunity. Currently configured as this:

Home 1: A spacious three-bedroom home, well presented inside with open plan living, dining and kitchen area. The kitchen has been modernised and offers good cupboard space and stone bench tops. A tidy family bathroom with bath and connection to the private, established outside garden from the laundry area. Off-street carpark.

Home 2: A tidy two-bedroom (one large bedroom, one single bedroom/office) home offering generous lounge with bay window and a view out towards the South Coast and Island. A functional kitchen with connection to the sunny private backyard and garden space. Tidy bathroom with bathtub. Secure garaging.

Studio/Home 3: A free-standing, fully furnished studio space offering a great Airbnb option or work from home space. Completely self-contained with kitchenette and adjoining living room, separate bedroom space and ensuite bathroom. The entry door opens from a sunny, private patio area with connection to the garden.

All placed on a large, slightly elevated 632sqm section offering great sea views across Island Bay and plans lodged with WCC for subdivision. Just 100m to the beach, enjoy walking the dog around the bays, being close to desirable schools, coffee hot spots and just minutes from transport links into the CBD. The options are endless. An ideal home with room for the extended family, a home with income streams or a home with income and work space options. Tidily presented with potential to change and enhance. Let your imagination run wild. Currently tenanted with periodic leases in place. Rental assessment $1800-1950 per week.

A Builders Report and LIM Report are available after inspection.

Contact Chris or William for a private viewing!