THIS MUST BE SOLD!

This is a unique proposition in the heart of Newtown that could be your first home - or it could be a multi-townhouse development - or both! What is on offer here?

Currently it's a sweet two-double bedroom semi-detached cottage on a freehold title, with a west-facing sun-drenched deck on a 351 m² flat section. The kitchen and bathroom have been more recently refurbished and it has been a happy home for tenants over many years. It has been re-wired, re-plumbed and well-insulated and the roof and foundations have also been well-maintained.

There is a very old shed on site that once had plumbing, sewerage and power and was probably the old out-house and wash-house. Despite its rickety appearance it is actually pretty dry inside! Past the shed is the rather overgrown section just waiting for your ideas.

And this is what you could do.

Our current owner has concept plans for two x three-bedroom townhouses whilst retaining the cottage. His intention was to build the townhouses at the rear first, then demolish the cottage (ensuring the party wall is kept safe, sound and strong) and then build another set of two townhouses to the street front. Those plans will be made available to interested parties - or explore the full potential of the High Density Residential Zone's 22m height limit.

It's no surprise that there is other development happening near by - being so close to Wellington Public, Wakefield and Southern Cross hospitals, Massey University and an easy drive, bus or bike to the CBD, the beaches, the airport and within zone of great schools - the location is ideal.

So make sure you are in the room for this auction as our owners' instructions are clear - it needs to go. LIM has been ordered.