PIM - 9 Avison Lane

Property Information

9 Avison Lane, Whakatu Property Description

Ready To Go

Tucked quietly away on this side-lined street in the central suburb of Whakatu sits this fully renovated property offering exceptional value. From established to growing families, enjoy immediate and homely comfort as this trendy footprint moves from open plan living leading to the open and airy kitchen and living zone inviting wholesome cooking with company as well as effortless entertaining potential. This spacious kitchen with great bench top space and bar is ready for the morning rush as much as hosting dinner parties that spill out into the rear garden with a large entertaining area, and all overlooking a lush lawn providing plenty of space for the kids to play, family pet to roam or host fun-filled weekend get-togethers with friends. With a well-conceived floor plan delivering a generous master bedroom complete with a built-in wardrobe and another two good-sized bedrooms conveniently placed near the main bathroom. 9 Avison Lane offers excellent practicality especially with the separate studio in the garden that has been quickly elevated with an array of modern touches to see you enjoying your hobbies. The fully fenced property with front gate and large garage will keep all the tools and toys safe and the off-street parking for another at least half a dozen cars make this the ultimate spot for any car lover. A much-loved family locale, this easy address sees you a stone's throw to leafy parks and popular reserves for endless weekend adventure, a short drive to either Clive, Hastings, or Napier for hassle-free morning commutes with the kids.

Call Leon Dear 027 575 0004 for your inspection today!

Legal description

9 Avison Lane, Whakatu

Legal Estate

Freehold

Legal/lot/flat/unit/legal DP Lot 4 - DP 28886

Legal description

3 1 1

Being more particularly described in the attached Record of Title.

Legal Unique Identifier or CT HBY3/531

Land area 700 sqm

Garages and/or Carports 1

Rateable value

$590,000

Land value $385,000

Improvements $205,000

City Council Rates $2,720.25

Regional Rates

Heating

Chattels

Age

Pre Purchase Disclosure

Disclosure

$471.25

Ceiling Insulation, Floors Insulated, Built in Fire, Open Fire - Compliant

Blinds, Clothesline, Dishwasher/drawer, Fixed Floor Coverings, Freestanding Fire, Garden Shed, Gas Bottle – Hired, Extractor Fan, Hob – Gas, Laundry Tub, Light Fittings, Rangehood, Security Alarm(s), Stove, Spa Pool Accessories, Washing Machine Taps

1935

•Light industrial zoned - fertiliser storage and cool store• Roof leak in front bedroom - fixed• Waterproofing not permitted• There is a caveat on the title• There is nothing in the council file referring to the plans or permits of the house, shed or rear room• Please refer to the easement on the title A & B right to drain sewage, power and water

The material supplied is passed to you on behalf of the vendor and in no way does the vendor or the vendors agent accept any responsibility for the veracity of the information. The information does not purport to contain all information that a prospective Purchaser may require. The purchaser is advised that after reading the information contained, they should seek legal and professional advice from the purchasers own advisors and are further advised to check with the originators of the material that the information is complete and correct. This LIM or any other reports should be in the purchasers own name if they want to have any recourse against the issuer/provider or any other persons for omissions or errors that have been relied upon. Neither the vendor or the vendors agent make any representation or warranty as to the accuracy or completeness of the information contained.

What you need to know

RECORD OF TITLE

UNDER LAND TRANSFER ACT 2017 FREEHOLD

Search Copy

Identifier

HBY3/531

Land Registration District Hawkes Bay

Date Issued 18 January 2002

Prior References

HBV1/361

Estate Fee Simple

Area 700 square metres more or less

Legal Description Lot 4 Deposited Plan 28886

Registered Owners

Che Leonard Morgan

Interests

Subject to a right (in gross) to drain water over part marked B on DP 28886 in favour of The Hastings District Council created by Transfer 599824.1 - 15.12.1993 at 9.56 am

The easements created by Transfer 599824.1 are subject to Section 243 (a) Resource Management Act 1991

Subject to a right (in gross) to convey electricity underground over part marked A on DP 28886 in favour of Hawkes Bay

Power Distribution Limited created by Transfer 599824.2 - 15.12.1993 at 9.56 am

Subject to a right (in gross) to convey telephone communications underground over part marked A on DP 28886 in favour of Telecom New Zealand Limited created by Transfer 599824.3 - 15.12.1993 at 9.56 am

Subject to a right of way over part marked A and B on DP 28886 created by Transfer 606388.1 - 5.5.1994 at 10.36 am

Appurtenant hereto is a right of way created by Transfer 606388.1 - 5.5.1994 at 10.36 am

Subject to a right of way over part marked A and B on DP 28886 specified in Easement Certificate 606388.2 - 5.5.1994 at 10.36 am

Appurtenant hereto is a right of way specified in Easement Certificate 606388.2 - 5.5.1994 at 10.36 am

Appurtenant hereto is a right to convey water specified in Easement Certificate 5139592.8 - 18.1.2002 at 11:26 am

The easements specified in Easement Certificate 5139592.8 are subject to Section 243 (a) Resource Management Act 1991 9021198.3 Mortgage to Westpac New Zealand Limited - 30.3.2012 at 4:05 pm

11862717.1 Variation of Mortgage 9021198.3 - 21.9.2020 at 2:15 pm

12722337.1 NOTICE OF CLAIM OF INTEREST PURSUANT TO SECTION 42(2) PROPERTY (RELATIONSHIPS)

ACT 1976 BY VANESSA ANNE MORGAN - 9.5.2023 at 5:15 pm

Transaction ID 2361541

Client Reference Title - 9

Search Copy Dated 22/01/24 2:31 pm, Page of

Register Only

Property Management Report

9 Avison Lane, Whakatu, Hastings

On 30th January 2024 I reviewed the above home as instructed to ascertain the current market rental value. In my experience of managing similar properties, I have appraised the property as follows.

DESCRIPTION

Tucked quietly away on this side-lined street in the central suburb of Whakatu sits this fully renovated property offering exceptional value. From established to growing families, enjoy immediate and homely comfort as this trendy footprint moves from open plan living leading to the open and airy kitchen and living zone inviting wholesome cooking with company as well as effortless entertaining potential.

This spacious kitchen with great bench top space and bar is ready for the morning rush as much as hosting dinner parties that spill out into the rear garden with a large entertaining area, and all overlooking a lush lawn providing plenty of space for the kids to play, family pet to roam or host fun-filled weekend get-togethers with friends.

With a well-conceived floor plan delivering a generous master bedroom complete with a built-in wardrobe and another two good-sized bedrooms conveniently placed near the main bathroom. 9 Avison Lane offers excellent practicality especially with the separate studio in the garden that has been quickly elevated with an array of modern touches to see you enjoying your hobbie.

The fully fenced property with front gate and large garage will keep all the tools and toys safe and the offstreet parking for another at least half a dozen cars make this the ultimate spot for any car lover.

RENTAL

The rental range on this property is $680 - $700/week.

COMPARATIVES

• 41A Napier Rd, Havelock North, Hastings 3 bedrooms, 1 bathroom, double garage $700/week.

• 707 Albert St, Parkvale, Hastings. 3 bedrooms, 1 bathroom, single garage $700/week.

• 235 Warwick Rd, Mayfair, Hastings. 3 bedrooms, 1 bathroom, double garage $630/week.

HAWKES BAY RENTAL MARKET

Rental houses have been in short supply in Hawke’s Bay for the past couple of years and we have seen considerable rent rises and increased tenant stability as there is so little available in the rental pool. This has also meant we receive 30+ applications for every home advertised and are able to “cherry-pick” the very best tenants, resulting in no rent arrears.

Peak tenant availability is from September-November and January-March. Letting quality properties in desirable areas during these times is not usually difficult, with a good selection of quality tenants available. At other times of the year less tenants are available and finding a suitable tenant may take slightly longer.

VACANCY

Recommended allowance for vacancy per year is up to three weeks, however the average for Pukeko Rental Managers managed properties is significantly lower than this because we prefer fixed term tenancies designed around peak tenant availability.

REPAIRS AND MAINTENANCE

Recommended allowance for repairs and maintenance is 5% of gross rent per year.

PROPERTY MANAGEMENT

If managed by Pukeko Rental Managers:

* 10.0% +GST of rent collected

* No charge for administration

* No charge for inspections (done quarterly)

* No charge for written chattels report and 350+ photos (done at the beginning of every new tenancy)

* No letting fee to owners

* No Maintenance Fee for organizing work at the property

Yours faithfully,

Andrew Williams

Property Manager

Pukeko Rental Managers

M: 021 951 580

E: andrew@pukekorentalmanagers.co.nz

2021 Growth Award for Pukeko Rental Managers NZ

2021 Rising Star Award for Pukeko Rental Managers NZ

2022 Owner Satisfaction Award for Pukeko Rental Managers NZ

2022

Every method of sale explained

TENDERS

Other methods of sale are available for your property. Let’s look at all the options available to you.

Tender

A tender is a method where buyers submit confidential written offers for your property by a set date and creates a sense of urgency amongst potential customers. Offers can be accepted prior to the advertised close date, but this must be made clear in advertising. There is no reserve price but there may be a price guide. You have a five working day irrevocable period in which to decide which offer to accept.

Deadline Sale

A deadline sale is very similar to a tender process but is less formal and allows buyers to submit confidential written offers by a set date. Offers can be accepted prior to the advertised close date, but this must be made clear in advertising. There is no reserve price but there may be a price guide. Offers are made on a standard sale and purchase agreement rather than on specific tender documents.

Auction

Selling a property at Auction is an open process where buyers bid against each other. You set a reserve price before the auction and once this price is reached, the property is sold to the highest bidder

Price by Negotiation

This strategy sees a buyer make an offer based on what they think your property is worth. Buyers have to do their own research to make this judgement then you can negotiate with them on price through a sales person.

Fixed Price

A fixed price gives the buyer a price guideline and allows for a property search by price on real estate websites. The fixed price may make it easier for buyers to determine if the property is within reach. If the property is priced correctly, it will attract a lot of interest, and in some cases have multiple offers resulting in a premium sale price.

Leon Dear

Leon’s been putting deals together and selling homes for 10 years. He understands the Napier market and why people want to call it home.

Every home has a story – Leon will work closely with you to understand what makes your property unique. Achieving the best result for you and your situation is what drives Leon. His clients say that his un-matched enthusiasm, commitment and skill raises the bar.

027 575 0004