10 Spencer Street

All offers to be presented by 9am Thursday the 20th of June 2019
Conveniently located just a short walk round the corner from the Crofton Downs train station, Mitre 10 and Columbus Coffee you will find a solid 1970s freehold home built as a multi unit property. It is an unbelievable opportunity to have either a family home with income from the flat, visa versa, or a secure double rental to add to your property portfolio.
Unlike many home and income properties the floor plan is on one level under the same roof-line so no worries with noise transfer between floors.

Photos 1 - 11 are the main house - following are the flat.

The features of the main house include:
+ 3 double bedroom home of circa 137sqm
+ fire place, heat pump and insulated above and below.
+ double car garaging of circa 42sqm with additional substantial separate dry storage.
+ bathroom includes separate WC, separate shower room and separate bathroom.
+ light filled open dining-lounge
+ separate laundry
( Fixed tenancy currently in place till 11th of February 2020 returning $570 p/w).

The features of the flat include:
+ fully self contained 1 bedroom apartment of circa 58sqm
+ separate kitchen, lounge, bedroom, bathroom/laundry
+ heat pump and insulated above and below
+ designated off-street tandem parking
( Periodic Tenancy. Returning $280 p/w. The tenant has been in place for 18+ years)

Surrounded by established garden and trees, sunny northerly aspect, convenient location and a solid build make this an opportunity with broad appeal.
It is noted that both tenancies, if given the opportunity, have made it clear that they would love to stay in place for the long term beyond their current agreements. Updated rental appraisals to reflect current market demand, LIM, builders inspection report will be available for purchasers following the first open home in a property prospectus.

Proudly presented to the market by John Carpenter
ONE Agency Wellington
Inspire Action Ltd
Licensed under the REA 2008