$1.5m ul­ti­mate do-up­per

The New Zealand Herald - - News - — Carla Pen­man

A “big, gutsy” de­crepit house in the heart of Kings­land is set to fetch $1.5 mil­lion.

The cen­tral Auck­land villa, with its faded yel­low paint and rusty red roof, built in the early 1900s, is deemed the ul­ti­mate fixer-up­per.

The de­ceased es­tate at 7 New Bond St is owned by a Ni­uean fam­ily who’ve held on to it for the past 38 years. It has a CV of $1.5m — its land value alone is $1.3m.

Bar­foot and Thomp­son real es­tate agent John El­gar said the fam­ily moved out just three weeks ago. Be­fore them, it was owned by an­other fam­ily for 50 years.

El­gar said they’d had “huge in­ter­est” in the prop­erty with 72 groups view­ing it.

The list­ing de­scribes the prop­erty as a “spa­cious el­e­vated villa” with four dou­ble bed­rooms, a large liv­ing area and an ex­tra lean-to area on the 607sq m section.

“The or­nate ceil­ings, ar­chi­traves and wooden floors are all still in­tact,” the list­ing states. A large shed also sits at the back of the prop­erty which El­gar sug­gests could po­ten­tially be trans­formed into a home of­fice or sleep-out. “It’s one of the big­gest sec­tions in Kings­land”, he said.

The house is set to go un­der the ham­mer on Wed­nes­day — if not sold prior.

27 New Bond St, Kings­land, has four dou­ble bed­rooms, a large liv­ing area and an ex­tra lean-to area on the 607sq m section.

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