Vendor open to all reasonable offers, this property has to be the most affordable leasehold for sale in St Johns.
Built in the 1960s, predominantly of 'fake' schist cladding and weatherboard with a floor area of approx 90sqm, this 3 bedroom home offers many opportunities to the new owner. While the vendors have spruced up the interior, there is still room to add further value.
The home sits on a generous 609sqm of land and is fully fenced. The back lawn is a blank canvas waiting for a gardener or handyman to add their personal touch and offers plenty of space for the family to enjoy the outdoors.
The benefits of buying a leasehold property mean you can enjoy living in this very sought after St Johns location without the cost of a large mortgage. The perpetual lease means that the lease is renewed every 21 years. The ground rent is currently $18,580 pa fixed until February 2030.
With some further refurbishment, this is an excellent opportunity for young families wanting to get on the property ladder or investors wanting a good rental. There is also a single garage and off street parking for 1 car.
This home represents great value and is handy to public transport, the train station, sporting venues and local kindy and is also
in zone for the popular Stonefields School and Selwyn College.
All conjuncting agents welcome. Please call Suzie on 027 2783269 for viewing times.
