34 Lyall Parade Lyall Bay, Wellington City

HOME, HOME WITH INCOME, INVESTMENT or DEVELOPMENT/LANDBANK SITE.
RV$1,020,000

This 1950's four/five bedroom home with a detached one bedroom flat is located directly across the road from Wellington's most popular golden sand beach and surf break. The myriad of features include:
* Exceptional sea views from the main dwelling
* Tidy, sunny one bedroom flat to the rear, with separate access and parking
* Main dwelling includes ; very large living room with built in gas fire ; open plan kitchen/dining ; four double bedrooms with sleepout or fifth bedroom ; two bathrooms, including an en-suite plus an additional w.c.
Live in one and let the other pay off your mortgage or rent both and enjoy a multi-flat coastal property investment. It certainly would benefit from some TLC but there is enormous potential to add significant value through renovating the property and/or building a new dwelling where the one bedroom flat is currently located. ( subject to WCC requirements).
The dwellings are both entirely rentable as is and both have been reroofed recently, the main home with aluminium, the flat with marine grade Coloursteel.
The site is level, sun soaked and drive on to a double garage.

With its beachfront position, all day sun and one of the largest land sizes on this stretch of Lyall Parade the fundamentals are outstanding.

THE POSSIBILITIES ARE LIMITLESS, THE OPPORTUNITY IS A ONE OFF !

Open home: Sunday 11:00am to 11:30am