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Castlecliff

22 Polson Street, Castlecliff, Whanganui

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3 Bedrooms
1 Lounges
1 Bathrooms
1 Parking
983sqm Land area SQM

Affordable Leasehold opportunity


Whether you're searching for a place to call home, an investment opportunity or a rare value offer to downsize into 22 Polson Street is well worth considering.

Leasehold tenure can provide an opportunity to secure a home at a more affordable entry point than comparable freehold properties. Investors will also appreciate the potential returns on offer here.

Offering a 1950's three-bedroom home with native wooden flooring and one family bathroom.

Set on a generous 983sqm (more or less) section, there is plenty of space to enjoy outdoors, whether that means room for the kids and pets, gardens, entertaining or simply a little more breathing room around you.

Lundon Park is just 230 metres away, where children and pets can enjoy the grounds as well as Castlecliff school which is positioned directly across the road from the property.

The nearby expansive coastline of Castlecliff beach and the Whanganui River mouth offer plenty of opportunity for walking, fishing, surfing or simply enjoying life by the sea.

Please note: 22 Polson Street is a leasehold property, with ground rent of $13,000 + GST (if any) per annum fixed until February 2043. We encourage prospective purchasers to seek independent legal advice to ensure they fully understand the leasehold tenure and its terms.

The property will be sold without vendor warranties on an as is where is basis.

Key features


Legal description

Leasehold property fixed until 2043

Potential

A rare value offer for first home buyers, investors or downsizers

Lifestyle

With walking, fishing, surfing or simply enjoying life by the sea

Position

Children and pets can enjoy nearby Lundon Park and Castlecliff school

Need help with finance?

Vega

Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.