PIM - 19 Hospital Terrace

Page 1


19 Hospital Terrace, Hospital Hill

19 Hospital Terrace, Hospital Hill

Property Description

Mayfair in Monopoly!

Claiming one of the most luxury new positions on all of the hill, from its Hospital Terrace address, a short distance to a raft of wining and dining options, to the upstairs outside kitchen views sweeping across the pristine hills in the distance. This utterly beautiful home spills with natural light and elegantly understated style. Delivering pictureperfect living and endless lifestyle convenience, whether you're looking for a little slice of residential tranquillity to relax, unwind, curl up with the latest bestseller or enjoy company and top-notch dinners spread across the stunning bench topped designer kitchen with all the room for helping hands, or morning walks to either Ahuriri or Napier for brunch and more. This secluded haven hits all the right notes. Capturing a lovely, free-flowing footprint that moves gracefully from the open plan lounge, kitchen and dining and steps across clean floors to a cosy north facing courtyard. This is low maintenance magic that doesn't miss its chance to enjoy effortless form and modern features from start to finish. The master bedroom, gleaming ensuite and two others are found on the first floor. A quick tiptoe upstairs and you'll find more light-filled charm as a bright and airy bedroom/office and second lounge have no shortage of afternoon sun and views. Step outside to the entertaining hot spot with a full kitchen and diningeverything is upstairs!

Legal description

Legal Estate Freehold

Legal/lot/flat/unit/legal DP Lot 8 - Deposited Plan 472507

Legal description Being more particularly described in the attached Record of Title.

Legal Unique Identifier or CT 647259 Land area 828 sq m

Heating

Chattels

Heat pump x 4, Ceiling Insulation, Walls Insulated

Heat Pump x 4, heat pump remotes x 4, Blinds (electric), Curtains, Dishwasher x 2, Fixed Floor Coverings, Garden Shed x 2, Extractor Fan x 2, Heated Towel Rail x 2, Hob - Induction, Laundry Tub, Light Fittings, Rangehood, Security Lights, Washing Machine Taps, Underfloor heating, Underbench Oven, Waste Disposal

Age 2020-29

Disclosure

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.

RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 FREEHOLD

Search Copy

Identifier

647259

Land Registration District Hawkes Bay

Date Issued 09 April 2014

Prior References

HBC1/51

Estate Fee Simple Area 828 square metres more or less

Legal Description Lot 8 Deposited Plan 472507

Registered Owners

Gerald Scott Nicholls and WTR Trustee (2016) Limited

Interests

9654708.1 Consent Notice pursuant to Section 221 Resource Management Act 1991 - 9.4.2014 at 3:04 pm

Subject to a right (in gross) to drain water over part marked A on DP 472507 in favour of Napier City Council created by Easement Instrument 9654708.3 - 9.4.2014 at 3:04 pm

The easements created by Easement Instrument 9654708.3 are subject to Section 243 (a) Resource Management Act 1991

11519756.2 Encumbrance to (now) Templeton Commercial Limited - 30.8.2019 at 1:34 pm

12389750.3 Mortgage to ASB Bank Limited - 3.3.2022 at 2:22 pm

Transaction ID 3268808

Client Reference Title - 19 Hospital Terrace - 11.06.24

Search Copy Dated 11/06/24 3:42 pm, Page of 1 2

Register Only

Transaction ID 3268808

Client Reference Title - 19 Hospital Terrace - 11.06.24

Copy Dated 11/06/24 3:42 pm, Page of 2 2

Only

Property Management Report

19 Hospital Terrace, Hospital Hill, Napier

On 20th June 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

Claiming one of the most luxury new positions on all of the hill, from its Hospital Terrace address, a short distance to a raft of wining and dining options, to the upstairs outside kitchen views sweeping across the pristine hills in the distance. Delivering picture-perfect living and endless lifestyle convenience, whether you're looking for a little slice of residential tranquillity to relax, unwind, curl up with the latest bestseller or enjoy company and top-notch dinners spread across the stunning bench topped designer kitchen with all the room for helping hands, or morning walks to either Ahuriri or Napier for brunch and more. This secluded haven hits all the right notes. Capturing a lovely, free-flowing footprint that moves gracefully from the open plan lounge, kitchen and dining and steps across clean floors to a cosy north facing courtyard. This is low maintenance magic that doesn't miss its chance to enjoy effortless form and modern features from start to finish. The master bedroom, gleaming ensuite and two others are found on the first floor. A quick tiptoe upstairs and you'll find more light-filled charm as a bright and airy bedroom/office and second lounge have no shortage of afternoon sun and views. Step outside to the entertaining hot spot with a full kitchen and dining - everything is upstairs!

RENTAL

The rental range on this property is $930 - $950/week

COMPARATIVES

• 16 Napier Tce, Hospital Hill, Napier 4 bedrooms, 2 bathrooms, double garage $895/week.

• 37 Pukekura Pl, Taradale, Napier 4 bedrooms, 2 bathrooms, double garage $950/week

Disclaimer: This rental assessment has been carried out by us as managers of residential

and not as Valuers. It is based on our opinion of current market rent as of the date of assessment. The information contained herein has been obtained from sources believed to be correct and reliable but no liability is accepted for error or omissions of fact or opinion.

Pukeko Rental Managers

31 Durham Drive, Havelock North, 4130 m. 021 951 580 www.pukekorentalmanagers.co.nz

• 11 Carnell St, Napier Sth, Napier. 4 bedrooms, 2 bathrooms, double garage. $850/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

* Yes, we meth test between tenancies

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 Owners Satisfaction Award for Pukeko Rental Managers NZ

2022 RPMA Hawkes Bay Property Manager of Year

2023 Company Contribution Award for Pukeko Rental Managers NZ

rent as of the date of assessment. The information contained

for error or omissions of fact or opinion.

Pukeko Rental Managers

31 Durham Drive, Havelock North, 4130 m. 021 951 580 www.pukekorentalmanagers.co.nz

Every method of sale explained

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

Knowledgeable . Driven . Approachable

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 leon.dear@tremains.co.nz

Notes

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