Sold
8A/101 Molesworth Street,
Thorndon, Wellington City
NZD 415,000
Property details
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Agents
Cash Cow seeking Cash Buyer
Molesworth House is a superbly located mixed use building, cited directly opposite Thorndon New World. Converted into a spacious 150 sqm (approx) single level apartment in the early 2000s, this has been held by the current owners' family ever since.
Taking in breath- taking harbour and city views from Petone to Oriental Parade, this light-filled apartment features a modern open plan kitchen connecting to a large dining and living area. The property boasts three spacious double bedrooms, and two tiled bathrooms. The master is a generous size and includes a walk in wardrobe and ensuite. There is a single on-site carpark on a separate title.
Combined RV $968,000 (apartment and carpark)
Healthy homes compliant the current rental is $900 per week (periodic tenancy, including carpark)
Annual Rates: $4,152.75 Unit $205.01 Carpark
Annual BC fees: $15,896.16 Unit $775.64 Carpark
What's the catch?! 8a Molesworth House has been attractively priced, due to future works planned for the building and a low seismic rating. In 2022 exterior resealing works are planned. It is anticipated that the total cost of these works will be funded through Body Corporate funds. Whilst not presently on the WCC list of earthquake prone buildings, it is understood that Molesworth House has a 39% NBS rating with no planned strengthening work. Further information including a Vendors' disclosure statement in relation to the seismic position of the building is available on request.
Viewing by appointment only.
Deadline for offers is 1pm, Wednesday 8th December 2021
Taking in breath- taking harbour and city views from Petone to Oriental Parade, this light-filled apartment features a modern open plan kitchen connecting to a large dining and living area. The property boasts three spacious double bedrooms, and two tiled bathrooms. The master is a generous size and includes a walk in wardrobe and ensuite. There is a single on-site carpark on a separate title.
Combined RV $968,000 (apartment and carpark)
Healthy homes compliant the current rental is $900 per week (periodic tenancy, including carpark)
Annual Rates: $4,152.75 Unit $205.01 Carpark
Annual BC fees: $15,896.16 Unit $775.64 Carpark
What's the catch?! 8a Molesworth House has been attractively priced, due to future works planned for the building and a low seismic rating. In 2022 exterior resealing works are planned. It is anticipated that the total cost of these works will be funded through Body Corporate funds. Whilst not presently on the WCC list of earthquake prone buildings, it is understood that Molesworth House has a 39% NBS rating with no planned strengthening work. Further information including a Vendors' disclosure statement in relation to the seismic position of the building is available on request.
Viewing by appointment only.
Deadline for offers is 1pm, Wednesday 8th December 2021
Explore the area
School catchments
- Thorndon School Full primary Years 1-8 State 0.20km
- Sacred Heart Cathedral School Full primary Years 1-8 State integrated 0.25km
- St Mary's College (Wellington) Secondary Years 9-15 State integrated 0.28km
- Wellington Girls' College Secondary Years 9-15 State 0.29km
- Queen Margaret College Composite Years 1-15 Private 0.32km
- Clifton Terrace Model School Full primary Years 1-8 State 1.1km
- Wadestown School Full primary Years 1-8 State 1.5km
- Northland School Full primary Years 1-8 State 1.6km
- Altum Academy Secondary Years 7-15 Charter 1.8km
- Ōtari School Full primary Years 1-8 State 1.9km
- Crofton Downs Primary School Primary Years 1-6 State 2.0km
- Kelburn Normal School Full primary Years 1-8 State 2.0km
- Te Aro School Full primary Years 1-8 State 2.3km
- Clyde Quay School Full primary Years 1-8 State 2.5km
- Roseneath School Full primary Years 1-8 State 2.6km
- Mt Cook School (Wellington) Full primary Years 1-8 State 2.6km
- Ngaio School Primary Years 1-6 State 2.8km
- Wellington High School and Com Ed Centre Secondary Years 9-15 State 3.0km
- St Benedict's School (Khandallah) Full primary Years 1-8 State integrated 3.0km
- Samuel Marsden Collegiate School Composite Years 1-15 Private 3.0km
- Wellington East Girls' College Secondary Years 9-15 State 3.2km
- Wellington College Secondary Years 9-15 State 3.3km
- St Patrick's College (Kilbirnie) Secondary Years 9-15 State integrated 4.7km
- Onslow College Secondary Years 9-15 State 5.0km
- St Catherines College (Kilbirnie) Secondary Years 9-15 State integrated 5.0km
- Rongotai College Secondary Years 9-15 State 5.7km
- Wellington Hills Christian College Composite Years 1-15 State integrated 6.0km
- Scots College Composite Years 1-15 Private 6.8km
- TKKM o Nga Mokopuna Composite Years 1-15 State 6.9km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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