Back 52A Milne Terrace
Off Market

52A Milne Terrace

Island Bay Wellington

4
3
190 m²
1073 m²
House
Last sold for $1,390,000
Robin AngellRobin Angell, last sold this property on 03 December 2023 after 32 days on market.

Overview

Icon of Island Bay - Home and Income

Buyer Budget Over $1,400,000 Here's your opportunity to secure a unique, hidden architectural gem in Island Bay. Designed by Craig, Craig & Moller and on the market for the first time since it was built in 1973. Nestled on a generous 1,073 sqm section, with the property showcasing approximately 190 sqm of interior space. Positioned for sun, privacy and stunning views spanning across Island Bay and Taputeranga Marine Reserve. Soak up the tranquil setting from the sheltered deck or take in the views from any of the three balconies. Adjacent to the main house, is a separate, spacious self-contained flat which offers flexibility for long or short term rentals, extended family stays, or creative art studio. Features Include: Main House - Three bedrooms (currently configured as two) - Walk-in wardrobe - Two bathrooms, including a master ensuite, plus extra WC - 1970's design, exposed Douglas Fir beams, exposed concrete and cedar cladding - In-built cabinetry and wooden paneling - Heat pumps - Separate laundry - Storage space - Deck/balconies - Off street parking for one car - Stone fireplace and wine cellar Self-Contained Flat - Split over two levels - One large bedroom - Large open-plan living/dining - Bathroom and laundry facilities - Heat pump - Balcony This property is a true testament to architectural innovation and functional design. Here's your chance to own an iconic home with income potential. Embrace the Island Bay lifestyle, with the beach, South Coast and Shorland Park just moments away as well as cafes, cinema and shops. Come and view this remarkable property for yourself. A Vendors LIM Report and Builders Report are available upon inspection. Viewing by appointment only.

Features

4 bedrooms
3 bathrooms
190 m² floor area
1073 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Island Bay over the last 12 months, the estimated median property value of 52A Milne Terrace is $1.15m.

Median value
$1.15m
Estimated value range
$820k - $1.93m
Median days on market
23
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Island Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 52A Milne Terrace

2023
Sold
$1,390,000
03 Dec 2023 by Robin Angell, of Professionals Wellington (Redcoats)

Happy sellers in Island Bay

59%
59% 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 51 reviews in Island Bay over the last 12 months.

Local market activity for 4 bedroom houses in Island Bay

In the last 12 months, 13 four-bedroom houses similar to 52A Milne Terrace, have been sold.

This represents a 160% decrease in four-bedroom houses sales when compared to the previous 12 months.

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