52 Melrose Road Island Bay, Wellington City

The hottest property in town at this price!

This is an outstanding family home and income with so many options! Ideal to accommodate family members or a home for you plus a passive income or a fantastic opportunity for savvy investors - this "cash cow" returns $1,430.00/week!

From the minute you arrive at this Island Bay property, you just know it's something special.

Only 2 owners have had the pleasure of owning this home and now the opportunity could be yours!

In keeping with the era, the 4 bedroom upstairs home has been tastefully renovated. Its origins are reflected in the native timber floors, the beautiful high ceilings, slider doors, and built-in stone garden. The kitchen has a walk-in pantry and dining area. The living room is spacious offering indoor/outdoor flow. There is a heat pump and heat transfer unit to keep you warm in the winter months. The bedrooms are sizable and complimented perfectly with the divided bathroom areas, located at the other end of the floor plan enhancing everyday ease. The back deck soaks in the last of the sun.

Downstairs is a newly built 2 bedroom flat with its own yard and private courtyard entrance. The kitchen and living are open plan, the bathroom and laundry are combined making for a good use of space. With easy access, this really is a wonderful addition to the property.

You will enjoy the intuitive landscaping, lawns and well-placed vegetable gardens. The
off-street parking for 2 cars is ideal.

Perfectly positioned within easy walking distance to Island Bay's extensive amenities including the village shops, cafes, schools, parks and beaches. The bus stop is virtually on your doorstep and Wellington CBD and airport is only a 10-15 minute drive.

Opportunities like these are rare in the market. Call now for your private viewing!

Builders and LIM reports will be made available on request. RV $1,410,000