FABULOUS HOME & INCOME OPPORTUNITY IN ISLAND BAY!

Sold - Island Bay Wellington

RV – $1,940,000

Positioned in one of Island Bay’s most popular streets and smothered in year-round sunshine, 94 Derwent Street will really impress. The land area is a full-size 820SQM and features the iconic original 1920s style bungalow, private garden & lawn area with garage – and the bonus of a delightful separate 2 bedroom cottage discreetly positioned around the back. Details are:

MAIN HOUSE:
(downstairs)
* 2 bedrooms and multiple separate living areas (or 3 bedrooms with 2 separate living areas)
* Stunning original character including beautiful Carrara ceilings and original timberwork
* Generous living spaces PLUS separate dining room off kitchen
* Spacious bathroom
* Amazing sunroom/conservatory capturing year-round sun – great for year-round entertaining
* Central heating

(upstairs)
* 3 identical large bedrooms
* 2nd spacious bathroom

COTTAGE:
* Timber build 2-bedroom cottage
* Well presented with a modern kitchen and bathroom
* Lots of sun and very private

The tenants in the main house live and run their health and meditation classes from the premises and have really looked after the house and treated it as their own – the photos only tell half the story! The back cottage has equally “house proud” tenants who love living there and are keen to stay on. Both dwellings tenanted until February 2023.

This is an amazing opportunity to secure yourself a superb HOME AND INCOME (5/6 Bedrooms + 2 bedrooms) property in the BAY. The options with this superb home are huge – live in one and rent the other, use the cottage for elderly parents, extended family, or independent teenagers or simply continue renting and enjoying the income. Use your imagination as to how this fantastic property could work for you. Builders report and LIM report will be available to interested parties after viewing.

Call today for more details.