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  • 1/7 Panill Place, Albany, NZ 0632

1/7 Panill Place, Albany

  • 3 Bed
  • 1 Bath
  • 2garages

For Sale

Negotiation

Still under wrap...

If you're up for a challenge......It's a property not for the faint-hearted, but, if you have the aptitude, it has tons of potential for a great pay-back, or to be a great live-in.

The current owner has commenced remedial works and re-cladding, but is no longer inclined to continue through to completion.

Whilst some re-cladding has been undertaken, and some of the new double glazed joinery has been installed, the remainder is still to be completed, as is the interior, and exterior decking.

Additionally, the inter-tenancy wall with the neighbouring unit requires addressing. This neighbouring Unit is also available to purchase, making it an attractive scenario to purchase both Units, remediate the inter-tenancy wall, and to sell the neighbouring Unit whilst completing work on this Unit.

Situated at the western end of the block, and spread over three levels, this is the sunniest Unit in the block:

Ground Level: Garage and laundry (internal access)

First Level: Kitchen, Dining, Lounge, (open plan), Deck, Bedroom, WC

Second Level: 2 Bedrooms (Master with deck), Bathroom

Whilst there's definitely some work to be done, it's a perfect project for someone with the aptitude to see the potential, complete the work, and definitely reap the rewards.

This property will be sold "as is, where is".

Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer

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avatar KC Munro
KC Munro
Franchise Owner & Licensed Salesperson

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Property Info:
  • Property ID: L31281480
  • Property Type:House
  • Garages:1
  • Carports:1
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R&H Suburb Profile: Albany
R&H Suburb SummaryHouses
Number of sales66
Average Price$1,497,345
Median Price$1,460,000
Median Rental Price$ p.w.
Change in Rental Rate (5yr)n/a
Median Trend - $1,460,000
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