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Raureka

706 Charles Street, Raureka, Hastings

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551sqmΒ Land area SQM
3Β Bedrooms
2Β Lounges
2Β Bathrooms
1Β Parking

For Sale by Negotiation

Character in a great location


Located in desirable Charles Street is this charming character villa, ideal as an investment property and full of potential to create a special family home with a loving renovation.

Constructed circa 1910, an era when homes were built to last, this spacious villa retains native timber throughout the original features including ornate detailing, rimu floors, sash windows and high stud ceilings. Practical updates over time include concrete piles, wool insulation in the ceiling and underfloor insulation soon to be installed.

Currently tenanted and split into two flats, this versatile home offers many options for both home buyers and investors. Retain the current layout as two individual rental flats, making the most of the double income opportunity, or live in one flat and supplement your income by renting the other. For home buyers, the flat configuration will also appeal to extended family living or purchasers combining funds.

Situated among family homes and retirement units, the property boasts established food-producing trees including peach, nectarine, olive, avocado and lime. A limestone wall and cottage garden plantings are tucked in between the two driveway entrances.
Conveniently located, this property is a short walk or just a few minutes' drive to the centre of town, local schools, parks and supermarkets.

Deadline Sale closes 1pm Wednesday 21st August 2019 (will not be sold prior).

Erin Lambert

Erin Lambert


Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Home or investment


Rent both flats, live in one and rent out the other (ideal for extended family) or convert back into a spacious family home

Renovation potential


Character villa full of original features, including wood floors, sash windows and high stud, offering the opportunity to restore this home to its former glory

Well located


Set in a sought-after established area of Hastings, close to the town centre and local schools