"But why would they sell $100,000 below market value?"...

It's simple, the DNA of this bungalow dictates a value in the mid $500's, however the vendor has set the reserve at a mere $469,000 to reflect the reality that that this place would benefit from cosmetic surgery. A little tender love and care would breathe life back into this classic home.

In fact, the smartest buyers prefer homes in original condition, rather than ones that have endured generations of self professed handymen cutting and hacking away at the very soul of a home.

Why pay big dollars for some shonky, half cooked makeover when you can have complete control by making this over to suit your family's needs and style!

Three bedrooms, a north facing lounge, a large kitchen with permitted wood burner, well fenced, with private, established grounds in a highly sought after central Nelson location.

The property is being offered for sale by Tender, however the vendor invites and encourages prior offers, plus the vendor is happy for purchasers to make conditional offers. The vendor reserve is the price the vendor will take on tender day. If you want to own it prior to tender day simply tell the agent what you'd pay and let the agent go to work (it's probably best to take it off the market before tender day).

Vender reserve $469,000.

Tender closes 4pm, 13th September 2017.