Back 47 Melrose Road
Off Market

47 Melrose Road

Island Bay Wellington

5
2
1
140 sq.
606 sq.
House
Alice O'StykeAlice O'Styke, last sold this property on 28 April 2021 after 17 days on market.

Overview

Home and Income | Smart buying

Beo $900,000 Well located in the ever-popular Island Bay and very handy to the village shops, cafes, Empire Theatre, schools and bus stops awaits this fabulous three-bedroom home plus a large one|two bedrooms flat downstairs. The property was extensively refurbished in 2013 and is now like a modern home built to current building codes. The renovations included a complete exterior re-clad on a cavity system and fully double glazed throughout, a new roof, new doors, a kitchen upstairs, a bathroom upstairs, rewired plus new carpets and lino up. Features include: The Main Home * Three double bedrooms all with built-in wardrobes * Spacious and light-filled living and dining with heat pump and French doors opening to the backyard * Open plan kitchen includes all whiteware and lovely modern bathroom * One off-street carpark plus a new large shed for storage * DVS system plus fully double glazed * Currently rented for $610 per week on a periodic tenancy Downstairs Flat * Incredibly good-sized one/two bedroom flat - perfect for couples/two singles * Two living areas along with the seamless flow to a massive outdoor deck, perfect for BBQs * Modern kitchen (2018) and very well-presented bathroom * DVS system plus fully double glazed * Currently rented for $470 per week - (which could service the interest on a $500k mortgage) * One car park This fabulous home and income is very smart real estate representing exceptional value for money. Add into the equation the rental income from the downstairs flat and how much mortgage this could service makes this a no brainer" purchase for any astute home buyer. Put this on your must-see list!

Features

5 bedrooms
2 bathrooms
1 carspace
140 sq. floor area
606 sq. lot size
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Island Bay over the last 12 months.

Property history for 47 Melrose Road

2021
Sold
Undisclosed
Sold by Tender on 28 Apr 2021 by Alice O'Styke, of Ray White Wellington City

Happy sellers in Island Bay

61%
61% of sellers in Island Bay reported that their sale price either exceeded or met their price expectations.

Island Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 54 reviews in Island Bay over the last 12 months.

Local market activity for 5 bedroom houses in Island Bay

In the last 12 months, 2 five-bedroom houses similar to 47 Melrose Road, have been sold.

This represents a 100% decrease in five-bedroom houses sales when compared to the previous 12 months.

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