When it comes to real estate, the adage that ‘‘You can’t have your cake and eat it, too,’’ doesn’t always apply.
This Strandon, New Plymouth property at 60 Waiwaka Terrace is a case in point. The 1920s character home is sited on a 1308 square metre section and will appeal to both home buyers and developers.
While the once opulent homestead needs to be completely renovated, it has great ‘‘bones.’’ Extensive use of native timbers, rimu in particular, along with leadlight windows, bay windows and numerous other features, indicate that it began life as a quality home. In fact, the second-to-last owner was a prominent New Plymouth doctor.
One option, according to TSB Realty principal Greg Hull, who is also the marketing agent for the property, would be to subdivide the property, leaving the existing home while at the same time retaining a portion of the large, sloping section.
A second option, suggests Greg, would be to remove the home and sub-divide into two, or possibly three sections.
‘‘If resource consent is obtained, there is the possibility of sub-dividing into three sections. There are, however, issues which would need to be addressed in order to do this.
‘‘The X factor of this property is the quality and style of the home coupled with the size of the section,’’ he says.
Tracey, along with her brother, Jason, spent part of her childhood at 60 Waiwaka Terrace, when her parents sold their small Mangorei Road farm, and bought the property for their retirement in 1980. She and her sister, Christine, shared some of those memories.
‘‘The privacy that this place offered was very important to our parents,’’ recalls Christine. ‘‘Mum particularly liked privacy and she chose a corner site because she didn’t like the prospect of having neighbours on both sides.
‘‘The location was ideal. The address is in close proximity to Fitzroy Village, Strandon and Fitzroy beaches, plus the walkway and cycle-ways, as well as to a number of schools.’’
A concrete pathway, bordered on either side by mature trees and large shrubs, leads from Waiwaka Terrace to the foyer welcome of this home.
A large, formal lounge – and if required, separate formal dining room – leads off a wide hallway to the right.
Sliding rimu doors with leadlight glazing can be closed to divide the rooms if required. There are two fireplaces – one in the lounge and the other in the dining room.
The panelled plaster ceiling is Tudor-like in style, and additional brightly coloured leadlight windows indicate a generous budget at the time of construction. The northernmost end of the lounge serves as a formal dining room.
The kitchen is all original, but has the convenience of a servery to the dining room and lounge area.
A single bedroom, bathroom with a shower over the bath, separate toilet and laundry, complete the rooms at this end of the home.
Three double bedrooms, two of which overlook Waiwaka Terrace, are at the other end of the house.
The timber-clad home sits on concrete foundations. A large workshop, fitted with electric lighting, is located in a shed at the back of the property. Below this is a single garage which can be accessed from Chilman Street.
A carport also adjoins the home at the back of the property, and there is an abundance of storage room under the house.
Half of the sloping section at the front of the home has been terraced, to form a large garden area. Mature citrus trees abound here.