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43 Sydney Street, Petone, Lower Hutt, Wellington, 7 Bedrooms, 3 Bathrooms, Home & Income
Sun Jun 16 12:00-12:30

$795,000

43 Sydney Street, Petone, Lower Hutt, Wellington

7
3
270m2
455m2
Home & IncomeListed on Thu May 16
Open Home

Petone 7 Bedroom SPACIOUS PETONE OPPORTUNITY

A rare opportunity to invest in a prime piece of Petone real estate. This seven double bedroom home positioned walking distance to the Petone shops and public transport will hold huge appeal for astute investors, renovators and developers.

Spread across a single spacious level, the communal lounge is large and filled with natural light set atop native timber floors. The adjacent expansive kitchen is well equipped for big groups with gas cooktop, dual sinks and plenty of bench space . Doors open from the living to a vast decked area with covered and uncovered portions for easy entertaining, summer barbecues and Al fresco dining .

Each of the seven bedrooms is substantially proportioned, serviced by three shower units and an additional four WCs .

Recently rented out at $190.00 per room in weekly rental income, but not registered as a boarding house, explore your options to convert this residence into a registered boarding house, or use your vision to redevelop or renovate it into the perfectly located, very ample dream home.

- Renovate or explore rental options

- 7 bedrooms, 3 shower units, 4 WCs

- Large communal living and kitchen

- Walking distance to Jackson Street

- Single level property

Location

Open homes

Jun16
Sunday12:00 - 12:30

Council Data

Last update : 2024 06 12
Improvement value$80,000Increased by 33% from year 2019
Land value$800,000Increased by 45% from year 2019
CV(Year 2022 Month 09)$880,000Increased by 44% from year 2019
Land area455m²
Floor area270m²
Decade of construction1900
TitleWN7C/808
Type of titleFreehold
Legal descriptionLOT 22 D P 321
CouncilLower Hutt
Estate descriptionFSIM,1/1,LOT 22 DEPOSITED PLAN 321,455m2
ConstructionExternal Walls: Wood Roof: Iron
ConditionExternal Walls: Poor Roof: Fair

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Sacred Heart School (Petone)
0.37 km
Primary
1-8
Government
Co-Educational
EQI: 407
7
Hutt Valley High School
2.29 km
Secondary
9-15
Government
Co-Educational
EQI: 426
8
St Oran's College
4.03 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 378
10

Property history

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For developers

Unitary plan:-
Land:455m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.39 km
2
1
81m2
Year 2024 Month 04 Day 29
$720,000
Council approved
0.39 km
2
1
67m2
Year 2024 Month 03 Day 28
$765,000
Council approved
0.43 km
1
1
40m2
Year 2024 Month 03 Day 06
$415,000
Council approved
7/61 Richmond Street
0.34 km
1
1
40m2
Year 2024 Month 03 Day 06
$415,000
Council approved
0.22 km
3
110m2
Year 2024 Month 02 Day 25
$920,000
Council approved

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Ref:RED25762Last update:2024-06-10 16:35:56