TENDER RESERVE $790,000

Currently rented as a six bedroom investment returning $1,110 per week, here is a great opportunity to refurbish and transform this 1890 dwelling into a wonderful family home in sought after Mount Victoria.

One of the original houses in quiet and charming Scarborough Terrace, this property backs onto the Town Belt and is well positioned facing north-west for great sun. The generous front lawn is unique for this inner city suburb and a SINGLE GARAGE is also included. Schools including Wellington College are within walking distance and it is an easy walk to the city.

The house itself has two levels, the front living room has wood paneling, with fireplace and large bay window, and doors lead out to the deck. As well, there are a multitude of other rooms to turn into bedrooms or living areas as you choose.

To be sold by Tender closing Wednesday 26 June 2013 at 12 noon, 2/15 Brandon Street, Wellington.

Rateable Value $840,000
Land Value $550,000
Improvement Value $290,000
Rates $4039.39 p.a.

The TENDER RESERVE is $790,000 with settlement 26 July 2013

Sunday 16 June open day at 12 - 12.45pm.