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354 The Esplanade, Island Bay, Wellington, 3 Bedrooms, 1 Bathrooms, House
Sun Feb 9 14:00-15:00

Tender

354 The Esplanade, Island Bay, Wellington

3
1
193m2
927m2
HouseListed on Tue Jan 21
Most Popular

Island Bay 3 Bedroom Prime South Coast Opportunity - Must be SOLD!

Wow...when opportunity knocks it doesn't knock much louder than this! If you have big dreams, big ambitions and the ability to make things happen then this could be the start of something big! What we have on offer is 927 sqm (approximately) of land right on Wellington's magnificent South Coast with stunning, uninterrupted views straight out to Cook Strait and a prime spot to take in the spectacular sunsets with the South Island's silhouette in the background. Zoned Medium Density Residential this is a site just ripe for redevelopment or even you very own Grand Design! There is a 193 sqm (approximately) dwelling on the site and this has been our owners much loved family home for over 50 years with many memories of living in such a unique and beautiful location. Sadly in recent times it has fallen into disrepair and while it could form the bones of something new, the vendor makes no warranties as to the safety and structural soundness of the dwelling and the property is being sold 'as is, where is'.

• Land Area: 927 sqm (approximately)

• Double width street frontage

• Dwelling Floor Area: 193 sqm (approximately)

Bring your dreams, bring your plans and come along to one of the open homes and see for yourself just how special this property is. Our owner's instructions to sell could not be more clear and they encourage all prospective buyers because this property will be SOLD! Don't miss what could be the best opportunity you'll see in a very long time. Tender closes 2pm Wednesday 12th February 2025.

Please note that given the nature of the property and for safety reasons there is restricted, supervised access only and prospective purchasers are not to go onto the site without permission. The vendor and/or Ray White Leaders or any of its members will not be held responsible for any unsanctioned access to the property.

Location

Open homes

Feb09
Sunday14:00 - 15:00

Council Data

Last update : 2025 02 05
Improvement value$120,000
Land value$1,400,000Increased by 41% from year 2018
CV(Year 2021 Month 09)$1,520,000Increased by 53% from year 2018
DeckYes
View typeFocal Point Of view - Water
ContourEasy/Moderate rise
Land area927m²
Floor area193m²
Decade of construction1900
TitleWN595/273;WN586/17
Type of titleFreehold
Legal descriptionLOTS 5 & 6 DP 15665 - LAND 94 M2 ON ROAD RESERVE NOT INCLUDED IN VALUATION
CouncilWellington
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 15665,464m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Fair
Roof: Fair

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Island Bay School
1.50 km
Primary
1-6
Government
Co-Educational
EQI: 374
10
Wellington East Girls' College
5.27 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 413
8
Wellington High School and Com Ed Centre
5.28 km
Secondary
9-15
Government
Co-Educational
EQI: 406
9
St Oran's College
20.26 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 378
10

Property history

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Surrounding facilities

The Esplanade Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3 Tyne Street, Island Bay
0.24 km
3
127m2
Year 2024 Month 10 Day 29
$1,270,000
Council approved
0.17 km
3
1
99m2
Year 2024 Month 10 Day 09
$945,300
Council approved
0.17 km
3
110m2
Year 2024 Month 09 Day 17
$960,000
Council approved
13 Valley Street, Island Bay
0.17 km
5
3
181m2
Year 2024 Month 09 Day 12
-
Council approved
0.17 km
2
1
80m2
Year 2024 Month 08 Day 27
$865,000
Council approved

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Ref:BDN34226Last update:2025-02-02 20:50:34