BAYLEY’s Real Estate/Supplied
19 Benares St, Khandallah, Wellington, which sold by tender for $268,000.
The Wellington section that looked like an overgrown driveway was sold for $268,000, almost $200,000 under the RV.
Listed on April 28, the 6.1 metre wide strip of land at 19 Benares St, Khandallah, has an RV of $460,000, and had been estimated at between $415,000 and $500,000 by Homes.co.nz. It sold by tender on May 19.
“The section was sold to someone who wants to keep the bush and trees there,” said Bayley’s Real Estate agent Hadleigh Petherick.
“The vendor considered other offers, but decided that it was a good result.”
READ MORE:
* Section the size of a driveway for sale in coveted capital suburb
* Estate sale: Is this the end of an era in Mount Victoria?
* Historic central Wellington home for sale under $1m – but it’s not for the faint-hearted
* Run-down Wellington garage sold for ‘well in excess’ of $50,000
BAYLEY’s Real Estate/Supplied
There have been builds on steeper sites, but this section posed some issues for anyone wishing to build here.
The vendor, Juliette Manning, was an advocate for building on the narrow strip of land, as that had been her dream when she bought it in 2018. She decided to sell when her situation changed during the pandemic.
BAYLEY’s Real Estate/Supplied
The section will be left covered in bush.
The section, which is just 6.1 metres wide, about the width of a road or driveway, at the narrowest part, and about 45 metres long, was created in 2018 out of excess land from the subdivision of Lakshmi Place Park.
It came with plans for a two bed home, produced for the previous owner by Darryl Lin from Nspire Architecture.
“What drew me to it was the wonderful location, fabulous sun and sea views. For Khandallah, it’s quite a gentle slope,” Manning said when the home was listed.
BAYLEY’s Real Estate/Supplied
The section was the width of a road.
“Khandallah is filled with a lot of established homes, and families that have been there for some time, but I think we need to mix things up these days and realise that we do need to change our attitudes a bit [to the kinds of buildings we want].
“As long you’re sympathetic and respectful to the surroundings and the other design elements on the street, then I think it would be beautiful home.”
“The shape of the section is certainly unique,” Petherick said at the time of the sale. “We have sold smaller sections, and certainly a lot steeper sections in Wellington, in the past.”
Manning bought the 290sqm property for $243,000. The properties on either side of number 19 have RVs of $2.12 million and $2.28m.
