5 Bridge Street, Reefton, Buller
price TBC
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No brightline test here. Home plus 2 Rentals.
This comprehensive property qualifies for exemption from the brightline test, as long as the owner occupies the main villa. First of all, you get an absolutely charming 1890's Victorian Villa with two completely self-contained rental units each returning $220.00 per week, for a total rent of $22,800 per annum, which is a sufficient to fund a mortgage of around $450,000 at the current rates. This substantial 3 double bedroom home with wraparound veranda, carport, good sized shed and extensive yard, plus another shed suitable for a second carport or a place to store wood. Sitting on approx. 4332sqm of land including 2 small deer fenced paddocks suitable for a few sheep, pony or the goat, there is plenty of room. Then step back in time and walk into the villa and feel the warmth from the fabulous coal range that runs radiators throughout the home and take in the character features including leadlight windows, beautiful fireplaces and large spaces. This is an opportunity not to be missed. Call today to arrange a viewing. .
Chattels
5 Bridge Street, Reefton, Buller
Web ID
RFU79317
Floor area
262m2
Land area
4,325m2
District rates
$2764.80pa
Regional rates
$309.24pa
LV
$100,000
RV
$400,000
5
3
1
price TBC
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