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78 Farnham Street,
Mornington
Wellington South
Wow...Amazing Price for Home & Income with Views!
Unlock the potential of this 4-double bedroomed home and income! This sun filled bungalow, built in the 1920s, will be of particular interest to builders, tradespeople, skilled handymen, investors and eager buyers wanting to renovate and add value to this property, whilst enjoying an income stream to offset their mortgage.
Your efforts will reap great rewards, and this property is screaming for you to give it some love and capitalise on this unique opportunity. Due to the property's condition, this home is being sold in an 'as is, where is' condition.
Upstairs comprises:
- 3 double bedrooms
- Sunny east-facing lounge, heat pump, and access to a private balcony
- Country-styled kitchen and dining
- Bathroom, with shower and handbasin
- Separate toilet
- Original lead-light windows and beautiful native timber floors
- Majestic bush views across the valley to Newtown, Berhampore and beyond
Downstairs flat:
- Double bedroom with built in robe
- Compact kitchen with pantry
- Small lounge with heat pump, leading out to a large, sunny East facing deck, to capture the morning sun
- Bathroom/laundry, and WC
Positioned on a large 857m2 section with dual access: drive-on to a single car pad (with scope to add another car park), or walk-on access from below.
Our instructions are clear - this property must be sold, and our Vendors have set a very realistic price guide, so do your homework and don't let this great opportunity pass you by - call me now.
Tender Closes: 1pm, Thursday 12th June 2025 - 30 Bay Rd, Kilbirnie
Rateable Value: $950,000 (2024)
Rates: $6,675.92 pa
Location
Agent
Michael Adams
Leaders Real Estate (1987) Ltd Licensed REA Act 2008
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
A senior player in the Wellington residential property market, Michael brings over 25 years’ experience to the table with his in-depth understanding of the current market place, along with a powerful combination of top service and professionalism to all his clients. Michael’s belief that the best way to secure the highest sales price is through customer service, outstanding negotiating skills and being able to think strategically, has seen him consistently achieve recognition as one of the companies top 10% of performers.
Michael credits these outstanding results to his understanding of the vital importance of developing long-term relationships with his clients based on trust, knowledge and support and to this end, many of his clients have bought and sold multiple properties with him. Having lived in Miramar for the past 28 years, Michael’s understanding of the Eastern suburbs is parallel to none, having extensive experience of new and sub-divisible property with developers, Valuers and other associated professional bodies often seeking his opinion.
Born and raised in Blenheim, with that wonderful rural value of a man’s handshake is his word, Michael brings honesty and integrity to all his client relationships. His early career focused on retail and hotel management, which honed his customer relationship skills and his belief that client service is the catalyst for excellent results.
An avid sportsman Michael represented Marlborough in both rugby and soccer. He also competed in rowing, cricket and athletics during his schoolboy years. Michael presently enjoys playing golf, snooker, soccer and mountain biking.
Outside of real estate Michael enjoys spending time with his partner, their 5 children and is actively involved in assisting elderly folk in his local community and working with those with mental illness.
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