JANUARY 2012 REGISTERED VALUATION $950,000 - Motivated Vendors Priced at $899,000

Elegant character home built in the 1940's and extensively renovated. Amazing water views from nearly every room, from the Mount Entrance 180 degrees back to the Kaimais. Walk to the CBD. Can't be built out.

The main part of the home comprises of 3 bedrooms, open plan kitchen, family room, separate dining room and separate lounge room, sun room, lovely bathroom downstairs and another toilet and separate pedestal upstairs with two fireplaces.

The home also includes a separate Studio Apartment which has its own access - bedroom/lounge with open fire place, another separate kitchen and breakfast bar, wide hallway and its own gorgeous bathroom. It also has separate meters. The apartment is currently being let to holiday makers from overseas and returns $300 per week fully furnished.

Alternatively the home can be opened up into one to large family home with its own adult suite.

The property currently has a 13 metre height allowance, so there is room to expand if needed.

Features: 13 metre height allowance, 2.7 stud height, 3 Fire places, chandeliers, lead lights, spa, natural rimu flooring, Stone bench tops, Bosch Appliances, Upriser Extractor.

The home also includes a work from home opportunity with another fully lined studio with french doors opening out to courtyard and lovely water views - used at the moment as a music studio and again it has its own separate entrance - its central location makes it brilliant for business.

Copy of Registered Valuation from Hills Haden completed on 20 January 2012 can be obtained upon request.

THIS IS NOT A DRIVE BY, YOU NEED TO COME IN.

Two adjoining properties may also be purchased to make 2630 sqm site with 13 metre height restriction and no density in compliance with Tauranga City Council requirments. Zoned Multi-Unit.

Walking distance to proposed new city university campus.