Property INFORMATION MEMORANDUM - Revive and thrive! - Rachel Eggers at Bayleys Real ...
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property INFORMATION MEMORANDUM Revive and thrive! 3/142 Saint Vincent Street, Nelson Proudly marketed by Rachel Eggers
Rachel Eggers
027 914 4496
rachel.eggers@bayleys.co.nz
www.facebook.com/racheleggersbayleys
Licensed REAA 2008
Rachel is a born and bred Nelsonian, who is dedicated to bringing buyers and
sellers together, providing people with a customer experience to rave about.
No-one knows better than Rachel that a property is not just a house. It’s your
home: the place where you feel secure, where you nurture yourself and your family,
creating precious memories. Rachel has recently been through the process of
buying a home in the competitive Nelson market and genuinely understands how
important it is to have a real estate partner on this all consuming journey.
Rachel spends time listening and building relationships so that she understands
exactly what her clients need and then she works tirelessly to achieve that.
FIND OUT HOW
C A N W O R K F O R YO U
Property Information
Location 3/142 Saint Vincent Street, Toi Toi, Nelson
Owner Darren Leigh Philip Coleman and Genna-Lee Rose Coleman
Legal Description FLAT 1 DP 14179 ON PT SECS 757/8 CITY OF NELSON HAVING 1/3 INT IN
1467 SQ METRES, Certificate of Title: NL8C/1384
Local Authority Nelson City Council
Zoning Residential Zone C
Capital Value $405,000 (Sept 2018)
Annual Rates $2,137.19 (2019/2020)
Land Area Third interest in 1,467 square metres (more or less)
Bedrooms Four
Bathrooms Two
Water Mains
Sewerage Mains
Chattels Curtains, Heat Pump, Light Fittings, Oven, Blinds,
View Online www.bayleys.co.nz/4002760
www.realestate.co.nz/4002760
www.trademe.co.nz/4002760
Method of Sale Deadline Sale (unless sold prior)
Closes 4pm, Tue 3 Mar 2020
288 Trafalgar Street, Nelson
Contact Rachel Eggers
M: 027 914 4496
B: 03 546 9455
rachel.eggers@bayleys.co.nz
VINING REALTY GROUP LTD, BAYLEYS
LICENSED UNDER THE REA ACT 2008
Disclaimer: While the information herein is believed to be correct, as at the date of publication, neither the Vendors nor Bayleys accept any liability for
any errors or misdescriptions contained herein or otherwise made in respect to this property. Prospective purchasers should not be confined to the
material herein, and should make their own enquiries to satisfy themselves on the accuracy of all aspects.
Property Information Memorandum 3
Property Information
Presenting the promise of a project and undeniable potential, this four-bedroom home is
destined to be overhauled and would respond magnificently to a comprehensive refurbishment.
Visionary buyers, keen renovators and builders will recognise the opportunity to rejuvenate the
property. Although the interior is original and requires thorough enhancement, it does enjoy
character features including sizeable windows which are a timeless attribute in homes of this era.
Buyers can also unleash their creativity outdoors where basic cosmetic work and greenery would
significantly enhance the grounds to create enjoyable outdoor living.
4 Property Information Memorandum
Property Information
The single-level layout is functional and includes an open plan living area, four bedrooms, two
bathrooms, laundry space and an adjoining carport.
This cross-lease property is conveniently placed close to town, and families will appreciate the
proximity to Victory Square Park which is over the road while both Victory Primary and Nelson
Intermediate are situated around the corner.
Unlock the potential and reap the rewards.
Property Information Memorandum 5
Property Information 6 Property Information Memorandum
Property Information
Property Information Memorandum 7
Property Information 8 Property Information Memorandum
3/142 St Vincent Street
0
Top Of The South Maps
Aerial View
0.015
Scale: 1:750 @A4
10 February 2020
0.03
km
Property Information Memorandum
¯
The m ap is a n a pprox ima te representa tion only and must not be used to de term ine the loca tion or size of it em s shown, or to identify
le gal boundaries. To t he ex tent perm it ted by law, t he Ta sm an District C ouncil and N elson City Council, their em ploye es, a gents and
contra ct ors will not be liable for a ny cost s, dam age s or loss suffered as a re sult of t he da ta or pla n, a nd no wa rranty or representa tion
9
of any kind is give n a s to the a ccura cy or complet eness of the informa tion represente d. Top of the South Maps inform at ion is licensed
under a C re ativ e C om mons At tribution 3.0 Ne w Ze ala nd License, and the use of any da ta or plan or any inform ation downloa de d m ust
www.topofthesouthmaps.co.n
be in a ccordance with the te rm s of t hat licence. Ca dastra l and N ZTopo50 relat ed da ta is source d from La nd Informa tion Ne w Z ea la nd
Certificate of Title
RECORD OF TITLE
UNDER LAND TRANSFER ACT 2017
CROSS LEASE
Search Copy
Identifier NL8C/1384
Land Registration District Nelson
Date Issued 13 July 1989
Prior References
NL8/132
Estate Leasehold Instrument L 289724.1
Term 999 years commencing on 10.7.1989
Legal Description Flat 1 Deposited Plan 14179
Registered Owners
Darren Leigh Philip Coleman and Genna-Lee Rose Coleman
Estate Fee Simple - 1/3 share
Area 1467 square metres more or less
Legal Description Part Section 757-758 City of Nelson
Registered Owners
Darren Leigh Philip Coleman and Genna-Lee Rose Coleman
Interests
289724.1 Lease of Flat 1 DP 14179 Term 999 years commencing on 10.7.1989 Composite CT NL8C/1384 issued -
13.7.1989 (affects fee simple)
299756.1 Lease of Flat 1, Garage DP 14554 Term 999 years commencing on 3.5.1990 Composite CT NL9B/271
issued - 11.7.1990 at 11.05 am (affects fee simple)
299756.3 Lease of Flat 2, Garage DP 14554 Term 999 years commencing on 3.5.1990 Composite CT NL9B/272
issued - 11.7.1990 at 11.05 am (affects fee simple)
345960.3 Lease of Flat 4 (including deck) DP 17134 Term 999 years commencing on 16.2.1995 Composite CT
NL11B/111 issued - 15.2.1995 at 11.50 am (affects fee simple)
10459448.4 Mortgage to ASB Bank Limited - 29.7.2016 at 1:07 pm
Transaction Id 59562413 Search Copy Dated 27/01/20 9:56 am, Page 1 of 1
Client Reference btesnado001 Register Only
10 Property Information MemorandumCertificate of Title
Property Information Memorandum 11Rental Appraisal
Rental Appraisal for :
3/142 St Vincent Street, Nelson.
February 2020
This letter is to advise the likely rental value for 3/142 St Vincent Street, Nelson.
It is my opinion that on the current rental market we could expect a weekly rental price of $330 - $370 per week for this
property in its current unfinished renovated state.
Bayleys successfully manage a number of other rental properties currently in this geographical location and this rental
appraisal is indicative of what is already being achieved for similar properties in this area.
Due to the volatility of the current rental market this report is an estimate only of the weekly rent and is only valid for a
period of one month. We accept no liability in the event that this appraisal is used for any other purpose. At the time of
making this rental assessment we are of the understanding that the property being assessed and all areas encompassing the
property and involved in the rental assessment are deemed lawful and habitable under the Residential Tenancies Act 1986.
Should you require any further information regarding property management please do not hesitate to contact me.
Kind Regards
Tonia Allan
Divisional Manager
Bayleys Nelson
03 546 9455
021 0817 7097
Tonia.allan@bayleysnelson.co.nz
12 Property Information MemorandumMethod of Sale
Deadline Sale (unless sold prior)
Closes 4pm, Tue 3 Mar 2020
288 Trafalgar Street, Nelson
What is a Deadline Sale?
A deadline sale is a variation on both auction and tender, but like both those marketing
methods, is intended to make clear to buyers that it is the vendors’ intention to be sold on or
before the deadline date.
Whereas with an auction all bids must be unconditional, and bidding is public, with deadline
sales offers are protected by client privacy provisions and so are not disclosed to other buyers,
and may be either conditional or unconditional.
Deadline sales vary from tenders as follows – when a property is marketed by tender it is not
usually sold before tender date, offers must be on a tender form and accompanied by a 10%
deposit, and must remain valid for 5 working days from the close of tenders.
With deadline sales none of these things apply – offers can be made (and accepted) at any time,
they are made on a normal sale and purchase agreement form, and can be withdrawn at any
time prior to acceptance by the vendor. There is no requirement to attach a deposit cheque to
the offer.
In the normal course of events, if the property has not been sold by the deadline date, the
agent will assist all interested parties in preparing their offer and at the appointed time on the
deadline day, all offers will be submitted to the vendors for their consideration.
I will assist you to make your offer as competitive as possible with any other buyers, without
breaching the privacy of other buyers.
On receiving the offers, the vendors have three choices – they may reject all offers, they may
elect to negotiate with one of the buyers, or they may simply accept one of the offers, in
which case the property then is either under conditional contract, or if the accepted offer is
unconditional, then the property is sold.
Property Information Memorandum 13Notice of Disclaimer
This Information Memorandum (the “Memorandum”) is in relation to 3/142 St Vincent
Street, Nelson (“the Property”) and has been prepared by Vining Realty Group Limited
(“the Advisors”) for Darren Leigh Philip Coleman and Genna-Lee Rose Coleman (“the
owners”) on the basis of information provided to the Advisors by the Owners. This
Memorandum is for use solely by selected parties in considering their interest in making
an offer to acquire the property.
This Memorandum has been prepared solely to assist interested parties in deciding
whether to express their interest in the assets and then making their own evaluation
of the property and its assets. This Memorandum does not purport to contain all
information that a prospective purchaser may require. In all cases, interested parties
should conduct their own investigation, analysis and verification of the data contained
in this Memorandum and the property.
Neither the delivery of this Memorandum nor any contractual agreement concluded
thereafter shall under any circumstances create any implication that there has been no
change in the affairs or prospects of the property since the date of this Memorandum or
since the date as at which any information contained in this Memorandum is expressed
to be applicable.
The Advisors have not independently verified any of the information contained in this
Memorandum. None of the Advisors or Owners made any representation or warranty
as to the accuracy of completeness of the information contained in this Memorandum
and none of the Advisors or Owner shall have any liability for any statements, opinions,
information or matters (express or implied) arising out of, contained in or derived from,
or for any omissions from, or failure to correct any information in this Memorandum,
or any other written or oral communications transmitted to any recipient of this
Memorandum in relation to the property.
Retention of this Memorandum will constitute acceptance by the recipient and readers
of these terms and conditions and any recipients who do not accept any of the terms
and conditions should return the Memorandum to the Advisors immediately.
Disclaimer: While the information herein is believed to be correct, as at the date of publication, neither the Vendors nor Bayleys accept any liability for
any errors or misdescriptions contained herein or otherwise made in respect to this property. Prospective purchasers should not be confined to the
material herein, and should make their own enquiries to satisfy themselves on the accuracy of all aspects.
14 Property Information MemorandumProperty Market Insights
PR OPERTY
MARKET
I NS IGHTS
you by
Brought to
Rachel Eggers
In partnership with:
When: One Thursday every other month Where: Bayleys Nelson
RSVP: Rachel - 027 914 4496 288 Trafalgar Street
Property Information Memorandum 15VINING REALTY GROUP LTD, BAYLEYS LICENSED UNDER THE REA ACT 2008
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