'P house' up for sale in Auckland

Last updated 14:00 04/12/2013

Relevant offers

Money

Value of pet insurance gives paws for thought Support for mass KiwiSaver enrolment Southern Cross spent $800 million on claims Looking under the bonnet of mechanical breakdown cover Many Aucklanders just scraping by, survey finds Jailed property developer Malcolm Mayer loses appeal Gina Rinehart loses control of A$5 billion family trust Average cost of data breaches now at $5.2 million a year for companies, study says Prime Minister John Key warns property speculators will get caught Property investors borrow $1.8 billion in April

Aucklanders struggling to score in the property market may be able to buy a "P house" in the city's western suburbs.

The owner-occupied home in Te Atatu was listed on Trade Me last night and has attracted more than 800 views.

It is listed simply as "P house" on the auction site.

The four-bedroom, two-bathroom 1960s cedar-clad home is listed with a rateable value of $430,000. The sale is by negotiation.

The property has an in-ground swimming pool.

In the listing description, the agent acknowledges that the house "does have issues, but the upside is an opportunity to increase value, making it a sure winner for the astute".

The agent will prepare a detailed contamination report and professional decontamination costs to potential buyers.

The house has a contamination reading of 98. The acceptable government reading is 0.5.

To make the home safe to live in, it would need plenty of work, including stripping the Gib board, the wiring and grouting, along with most of the house.

Buyers would essentially be getting an empty shell on a site.

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content