A bach of only 40 m² from 1945 plus a one car garage — and an RV of $510,000?
This one, at 22 Hemara Street, is currently on the market. Obviously the porch was a later addition.
The explanation, however, is the lot size — 871 m²
According to the KCDC property register, the land is worth $325,000 which sounds about right considering it is only about 250 metres from the beach. But $185,000 for those buildings? We don’t think so.
It’s the sort of section that, with the advent of the new high speed roads, a yuppie with a job in Wellington will look at building a new house on.