St. Albans, 3/479 Madras Street

A fantastic opportunity to purchase a good sized two bedrooms unit, on its own separate crosslease title. Situated on 1/5 share of 932m2 of RMD, TC3 land. To be sold “AS IS WHERE IS” with no EQC or Insurance.

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  • Present Offers

Property Information

  • Listing #S2018
  • Legal description Flat 3 DP 36470 on Lot 23 DP953
  • CT number CB15B/676
  • Land Area Share of 1/5 932m²
  • Floor Area 90m²
  • Land Zone RMD, TC3
  • Land Value $140,000
  • Improvements $145,000
  • Capital Value $285,000
  • Rates $1,865.74 p.a.
  • Parking 0
  • 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.

There is potential to remediate this unit and enhance it further. This property is original throughout. Tidy kitchen with plenty of cupboards and bench space. Laundry facilities located in cupboards. Sunny and spacious living area with heat pump. Two bedrooms with built in wardrobes. Bathroom has a bath, vanity and toilet. Sunny north facing courtyard. Single lock up garage.

• Two bedrooms with wardrobes.

• Sunny and spacious living with heat pump.

• To be sold “As Is Where Is” No EQC or Insurance.

• Rating Valuation $285,000 as of 2019.

• Single lock up garage.

Area average rentals for St Albans/Edgewate for a 2 bedroom flat, upper quartile $353pw, median $325pw and lower quartile $306pw, sourced from Department of Building and Housing as of 31/03/2020.

Positioned just outside the four Avenues, conveniently located just a short stroll away from the local amenities and the CBD. Only a short drive to Merivale Mall and the Palms Shopping Centre.

Ideal for any investor or builder looking to add to their portfolio. Be quick here, phone now for details.

To view, call Braziers on (03) 377 7122

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Email Rebecca Manawatu about 3/479 Madras Street

Email Neil McLaughlin about 3/479 Madras Street