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91 Balaclava Street, Wyndham, Southland

91 Balaclava St, Wyndham

91 Balaclava St is a renovated 4 bedroom villa located in the small historic settlement of Wyndham.

The property offers an excellent base to explore the wide range of fishing opportunities in the vicinity. With the world famous Mataura on your doorstep and a large number of New Zealand's most iconic fishing waters a short distance away, this is an ideal holiday or retirement home.

Address

91 Balaclava St

Wyndham

Southland

The price

The asking price is 15% below valuation at $106,000 (the property has a rateable value of $125,000 as set in Sept 2006)

Rates are $1221 p.a.

Potential

91 Balaclava St is ideal for anyone looking for a holiday or retirement home near some of the best fishing in New Zealand. Alternatively it could be a great investment having been assessed as being able to return a rental of between $190 and $200 per week. (Note that Fonterra's Edendale Dairy factory which has just under gone a $2million upgrade is 5 mins drive away).

However you choose to use it, this property is a great investment.

Details

The 160m2 villa was built in 1915 - 1919 and is on a 1012m2 flat section. It has weatherboard construction with newish aluminum joinery and a newish colour steel roof and features:

  • Four double bedrooms each with wardrobes
  • One bathroom with vanity, bath, separate shower and toilet.
  • Two single garages
  • Separate laundry
  • Kitchen dining area with modern kitchen cabinetry,
    dishwasher and water filter
  • Separate lounge with freestanding wood burner
  • Excellent heating throughout with heat pump and wall panel heaters in all of the bedrooms and hallway and ceiling insulation
  • Storage sheds at the rear of the property
The area

The property is located in the small service township of Wyndham which has a population of aprroximately 500 people. In the area there is:

  • A golf course, shops, sports fields and hotel
  • Schools including a play center, primary school and Menzies College
  • A vibrant rural community
  • Proximity to the mountains and coastline

Invercargill is 30mins and Gore 20mins away.

The fishing

With the Mataura River on your doorstep there are also a number of fishing waters a short drive away. These include the

Comparable Sales:

Two properites in the area have sold in recent months; These were

  • 38 Ferry St (120m2 on 1012m2 section) for $110,000
  • 45 Inkermann St (150m2 on 1012m2 section) for $155,000
Others presently on the market

Two similar properties are on the market at present:

  • 5 Ferry St (140m2 on 1012m2 section) asking $145,000
  • 19 Florence St (190m2 on 1012m2 section) asking $145,000
Contact

For more details please contact

Kathy Engelbrecht
Company: Houses 4 You Ltd
Tel +64 (0)9 6260235
Mobile +64 (0)21 1096496

Web: www.houses4you.co.nz
Email: kathy@houses4you.co.nz

Other properties Kathy Engelbrecht specialises in properties of interest to anglers and investors so if this is not what you want, please contact her with so she can send details of other properties that are on the market throughout New Zealand.

 

 

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