78 Creswick Terrace Northland

She's the diamond in the rough, the worst house in the best street, and will appeal to buyers wanting to invest in one of Northland's prime spots, surrounded by some of Wellington's premier homes.

First time on the market in over 70 years, and in spite of her appearance, this circa 1900 villa, has many beautiful features of a by-gone era, with high studs, ornate scotia, original native matai timber floors, and concrete and brick foundations.

Whilst untouched in the past 50 years, this property presents an unparalleled canvas for renovation or demolition, allowing you to craft your dream home.

Spanning a generous 521m2 of land area, and offering an ample 170 m2 of floor space, this home provides plenty of room to create a stunning residence or even explore the potential for a lucrative rental income.

Main house:

2 generous double bedrooms

Large lounge

Open plan kitchen and dining

Bathroom

Downstairs flat:

1 double bedroom

Family room or second bedroom

Separate lounge

Spacious kitchen/dining

Bathroom

Laundry and storage below

The downstairs flat has sustained recent smoke damage, but appears to have no fire damage, noting there are no chattels included in the sale.

We don't often say 'as is, where is', but this distressed villa is not for the faint hearted. So whether you're a seasoned builder seeking a new project, a property developer, a very experienced handyman, or an ambitious homeowner yearning to create your own slice of paradise, this property is a rare find that shouldn't be missed.

My vendor is realistic to the current condition of the property, so don't delay, contact me now and arrange a viewing. Unlock the untapped potential of this villa, where the possibilities are only limited by your imagination.

Viewings by appointment only, contact Mike Adams on 021 421686

Buyer Interest Invited Over: $690,000

Tender closes: 1pm, Thursday 31st August (not selling prior)

R.V $1,330,000 (Land Value $1,290,000)

Rates: $4,869.35pa

LIM report available