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Description

This 2 bedroom house was for sale on TradeMe in November 2010 - rateable value: $190,000, asking price: $158,000.

It was described:

  • Now is the time to secure the future. New Zealand is looking down the barrel of a housing shortage!
  • 26 Trafalgar Street is the ideal investment to ensure that when building starts again in earnest, you will not be left behind.
  • A flat 1000sqm section which would accommodate townhouses or flats. An easy walk to town, swimming pools and clubs etc. The street already has many existing townhouses circa mid 1990's to the 2000's, so the location is great. The house is a 2 bedroom character cottage, basically tidy which could earn you $150 to $175 per week to cover costs until the market turns.

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