Villa behold 8 rooms, "As Is"
515 Worcester Street, Linwood
Property ID: RD8010
Back in 1997, I sold this home as an investment property to our owner who has now retired in Australia.
515 Worcester Street is a large central hallway villa, ready for another investor or a character lover to bring this awesome villa back to life.
Currently rented as a room by room rental on individual periodic tenancy agreements. Current gross rental of $1,090 per week with 7 rooms currently rented and one vacant. This is a gross rental with the owner paying power.
This classic veranda villa provides a number of options:
1. Keep as an investment.
2. Renovate and update the classic English Villa features of raised ceilings, full street facing veranda and with the option of 4 bedrooms or 4 living areas.
3. Develop the underlying RSDT 569sqm of land for a multi-unit project.
Being sold on an "as is where is" basis. Council Land Value is $240,000.
Viewing by appointment.
For genuine sale by auction on Thursday June 10th from 10.0am. The owner reserves the right to sell the property as a "brought forward auction" with an acceptable offer.
To view and download the property files go to www.harcourts.co.nz/RD8010#documents
Please be aware that this information has been sourced from our vendor and/or external third parties, including but not limited to REINZ, Property Guru, Property Smarts, Land Information NZ, Local Councils, and other organisations, and we have not been able to verify the accuracy of the same.
Garaging / carparking
Carpet and Vinyl
Heating / Cooling
Separate shower, Exhaust fan
Garden, Deck / patio
Close to transport, Close to schools, Close to shops