Attention Retirees, Investors & First Home Buyers

St. Albans, 2/503 Madras Street

A fantastic opportunity to purchase a good size two bedroom townhouse, located on its own separate crosslease title (1 of 3 units). Situated on 1/3 share of 623m2 of RMD, TC3 land. Located close to the city and other attractions providing the benefits of city living.

  • 2
  • 1
  • 2
  • Negotiable Over $399,000

Property Information

  • Listing #S2086
  • Legal description Flat 2 DP 74950 on Lot 1 DP 73810
  • CT number CB43A/1267
  • Land Area Having share in 623m²
  • Floor Area 80m²
  • Land Zone RMD TC3
  • Land Value $146,000
  • Improvements $169,000
  • Capital Value $315,000
  • Rates $2,148.19 p.a.
  • Parking Double garage
  • The above information has been supplied by either the vendor* or by outside agencies like CCC, LINZ, Property Guru, etc. Accordingly, Braziers is merely passing over this information as supplied to us. We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into this information. To the maximum extent permitted by law Braziers does not accept responsibility to any person for the accuracy or use of the information herein.
  • Spacious living with lots of sun with heat pump. Good indoor-outdoor flow to courtyard garden area.
  • Open plan kitchen, dining and living area. The kitchen has a freestanding oven, rangehood, dishwasher with plenty of bench space and cupboards, adjoining dining area.
  • Two double bedrooms, both with built in wardrobes.
  • The bathroom has a separate shower, vanity, toilet and laundry facilities.
  • Private and sunny low maintenance courtyard, fully fenced.
  • Double garage with external access to rear courtyard.
  • All EQC repairs have been completed and insurance in place with State Insurance. There is a cash settlement for driveway $16,495.99 to be transferred to purchaser at settlement.
  • Currently tenanted at $345 per week fixed until 12/03/2022.
  • Positioned just outside the four Avenues, conveniently located just a short stroll away from the local amenities and the CBD. A short drive to Merivale Mall and the Palms Shopping Centre.
  • A smart buy for young couples, retirees or investors, would make a great lock and leave or city pad.

To view, call Braziers on (03) 377 7122

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Email Rebecca Manawatu about 2/503 Madras Street

Email Neil McLaughlin about 2/503 Madras Street