Property main details

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Home For Sale

  • Sold For $250,000
  • Apartment

Specifications

  • Property Type
    Apartment
  • Building
    210 m2
  • Land
    146 m2

Inner-City Living with Retail Space

This large apartment has surplus open space downstairs. It features a well-equipped kitchen, smart-hatch skylight, underfloor heating, and an internal access garage.

The space downstairs provides an opportunity for reconfiguration. Imagine an extra room downstairs with natural light pouring in all day. A second shower could be put in the downstairs and laundry/toilet area. Imagine a new kitchen with an industrial look and a stylish living area with polished concrete floors and new lighting.

Install a bathroom and kitchenette under the stairs and lease the shop out for extra income, or use the shop yourself for running a business or remove the divider wall and open plan the downstairs living space.

Upstairs boasts a large master bedroom with a walk-in robe and sea views. A large bathroom with a wet floor shower, a separate bath, and a second toilet. The second bedroom has a built-in robe and external access to a rooftop garden/deck (not certified).

This property has so much potential you can let your imagination run wild.

Southgate's engineers have quoted $15,000.00 to get the steelwork built and installed for the earthquake strengthening. Currently, the building is at 30% of the NBS, and it needs to be 34% to comply with local council regulations.

Please be aware that some information has been sourced from Property Smarts, and we have not been able to independently verify the accuracy. Land and floor area measurements are approximate and boundary lines are indicative only.

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40 Stafford Street Timaru, Timaru District
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