47 Melrose Road Island Bay, Wellington City

Beo $900,000 Well located in the ever-popular Island Bay and very handy to the village shops, cafes, Empire Theatre, schools and bus stops awaits this fabulous three-bedroom home plus a large one|two bedrooms flat downstairs.

The property was extensively refurbished in 2013 and is now like a modern home built to current building codes. The renovations included a complete exterior re-clad on a cavity system and fully double glazed throughout, a new roof, new doors, a kitchen upstairs, a bathroom upstairs, rewired plus new carpets and lino up.
Features include:

The Main Home
* Three double bedrooms all with built-in wardrobes
* Spacious and light-filled living and dining with heat pump and French doors opening to the backyard
* Open plan kitchen includes all whiteware and lovely modern bathroom
* One off-street carpark plus a new large shed for storage
* DVS system plus fully double glazed
* Currently rented for $610 per week on a periodic tenancy

Downstairs Flat
* Incredibly good-sized one/two bedroom flat - perfect for couples/two singles
* Two living areas along with the seamless flow to a massive outdoor deck, perfect for BBQs
* Modern kitchen (2018) and very well-presented bathroom
* DVS system plus fully double glazed
* Currently rented for $470 per week - (which could service the interest on a $500k mortgage)
* One car park

This fabulous home and income is very smart real estate representing exceptional value for money. Add into the equation the rental income from the downstairs flat and how much mortgage this could service makes this a no brainer" purchase for any astute home buyer. Put this on your must-see list!