Sold Property

16 Reid Avenue, Luggate, Central Otago / Lakes

  • 809
  • 114 m2
  • 4
  • 2
  • 1
  • 2

$662,000

Residence or Revenue in Reid?

This charming character home has been a very successful rental investment for our sellers, but the time has come to free up some capital for their next project so this property is seriously for sale. The property is comprised of a 3 bedroom home with 1 bathroom, plus a sleepout with 1 bedroom and 1 bathroom. Both have been separately tenanted providing two rental income streams. Will you add this property to your investment portfolio, or maybe fall in love with the private section, quiet cul-de-sac and cottage appeal of the home and move in yourself? Rent out both, one, or none!

The main house was re-roofed two years ago and there is a modern kitchen with gas cooking, spacious living areas and French doors out to an entertainment area (with a pizza oven). Enjoy the large section for pottering in the garden and there is additional storage space within the garage.

A perfect investment property, holiday home, or family home with plenty of room for the teenagers or extra guests. Close to Luggate amenities, walking and cycle tracks and only 12 minutes drive to Wanaka. Call me today to arrange an appointment to view or pop along to an open home. Property ID: #WQ5739

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Sold Date

  • 18 November, 2020

Property features

  • Property Type: House
  • Property Features: Smoke alarms
  • Roof: Coloured steel and Re-roofed in 2018
  • Tenure: Freehold
  • House style: Bungalow
  • Garaging / carparking: Single lock-up, Off street, Free standing
  • Construction: Plaster
  • Joinery: Timber, Partial double glazing - French doors and 2 x windows, Aluminium
  • Insulation: House has floor and ceiling. Sleep out has walls
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Heat pump, Gas bottled
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Rangehood, Dishwasher, Heated Towel Rail, Heat pump, Smoke Detector, Curtains, Pizza oven & utensils, Fridge, Washing Machine, Dryer
  • Kitchen: Modern, Dishwasher, Upright stove, Rangehood, Waste disposal, Gas bottled, Pantry and Finished in Laminate
  • Living area: Separate dining, Separate living
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double
  • Bedroom 3: Double and Built-in / wardrobe
  • Additional rooms: Sleepout (1 bedroom with bathroom)
  • Main bathroom: Shower over bath, Additional bathrooms
  • Laundry: In kitchen
  • Workshop: Combined
  • Views: Rural, Private
  • Aspect: North
  • Outdoor living: Entertainment area (Paved), BBQ area (with lighting and with power), Deck / patio
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Garden: Garden shed (Number of sheds: 2)
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Septic
  • Locality: Close to shops, Close to transport
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Office

Harcourts Wanaka

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 809
  • 114 m2
  • 4
  • 2
  • 1
  • 2

Sold Property

16 Reid Avenue, Luggate, Central Otago / Lakes

$662,000

Residence or Revenue in Reid?

This charming character home has been a very successful rental investment for our sellers, but the time has come to free up some capital for their next project so this property is seriously for sale. The property is comprised of a 3 bedroom home with 1 bathroom, plus a sleepout with 1 bedroom and 1 bathroom. Both have been separately tenanted providing two rental income streams. Will you add this property to your investment portfolio, or maybe fall in love with the private section, quiet cul-de-sac and cottage appeal of the home and move in yourself? Rent out both, one, or none!

The main house was re-roofed two years ago and there is a modern kitchen with gas cooking, spacious living areas and French doors out to an entertainment area (with a pizza oven). Enjoy the large section for pottering in the garden and there is additional storage space within the garage.

A perfect investment property, holiday home, or family home with plenty of room for the teenagers or extra guests. Close to Luggate amenities, walking and cycle tracks and only 12 minutes drive to Wanaka. Call me today to arrange an appointment to view or pop along to an open home. Property ID: #WQ5739

Property Features

  • Property Type: House
  • Property Features: Smoke alarms
  • Roof: Coloured steel and Re-roofed in 2018
  • Tenure: Freehold
  • House style: Bungalow
  • Garaging / carparking: Single lock-up, Off street, Free standing
  • Construction: Plaster
  • Joinery: Timber, Partial double glazing - French doors and 2 x windows, Aluminium
  • Insulation: House has floor and ceiling. Sleep out has walls
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Heat pump, Gas bottled
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Rangehood, Dishwasher, Heated Towel Rail, Heat pump, Smoke Detector, Curtains, Pizza oven & utensils, Fridge, Washing Machine, Dryer
  • Kitchen: Modern, Dishwasher, Upright stove, Rangehood, Waste disposal, Gas bottled, Pantry and Finished in Laminate
  • Living area: Separate dining, Separate living
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double
  • Bedroom 3: Double and Built-in / wardrobe
  • Additional rooms: Sleepout (1 bedroom with bathroom)
  • Main bathroom: Shower over bath, Additional bathrooms
  • Laundry: In kitchen
  • Workshop: Combined
  • Views: Rural, Private
  • Aspect: North
  • Outdoor living: Entertainment area (Paved), BBQ area (with lighting and with power), Deck / patio
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Garden: Garden shed (Number of sheds: 2)
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Septic
  • Locality: Close to shops, Close to transport
Show More

Sold Date

  • 18 November, 2020
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Harcourts Wanaka

Office Harcourts Wanaka Licensed under REAA 2008

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