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117 Everitt Crescent, Whangamata

$875,000

5 BEDROOM RENTAL INVESTMENT, WHANGAMATA

Nestled down a right of way, surrounded by mature homes and landscapes, this 5 bedroom, board and batten home enjoys harbour peeps from the deck and lounge windows.

On the top level: The lounge room is huge, faces north, and shares some space with a big kitchen.
The master bedroom has an ensuite + walk in wardrobe and gets all the afternoon sun. There is a heat pump in this room for all season comfort.
Also on this level there is another bedroom, and a bathroom (with sep shower and bath) Plus a small room which once was a laundry.

The top level lounge opens to a huge elevated deck where all day sun is enjoyed and a good place for your barbecue.

On the bottom level there are three bedrooms and a bathroom. One of these bedrooms was originally built as a music room (2003) and insulated specifically to subdue sound emission. There is a kitchen (non consented) and a lounge.

There is also a basement garage (single) and two car ports.

There is buckets of space here on the 800 sqm site with a ring driveway to make vehicle access very easy.

This property needs some work, it's tired and has been tenanted for the last 9 years. The current tenants wants to stay if possible and are paying $450 per week. The property meets all letting requirements. Other extra's include, solar assisted hot water upstairs, callifont downstairs, garage door remote.
Upstairs there is a ducted fan in the ceiling cavity that moves air between rooms.

Disclosure: This property is owned by the Renrut Family Trust, a beneficiary of which is a director of Pacific Coast Realty Ltd and the listing agent.
Also photos shown here were taken in 2011 prior to the property being let and may not reflect the true current condition of the property. Inspections are by prior appointment only.

This property is for sale "as is", so make your own investigation into its construction and water tightness. The vendors are not aware of any non complying parts of the building (except the downstairs kitchen). The price offered has already taken its condition and age into consideration and adjusted accordingly to represent good market value at $875,000.
A LIM report is available.

Open for Inspection
By Appointment

Contact Agent