EXECUTIVE SUMMARY
Address: 115a Normandale Road Normandale Lower Hutt
Instructed By: Private Ordering System ID: Hopgood
Prepared For: Westpac Bank NZ Ltd
Borrower/Client: P L Petersen-Hopgood & R W Hopgood
Purpose of Valuation: Sale and Mortgage
Property Type: Single dwelling
Brief Property Description: A 4 bedroom 3 living room 2 bathroom 200 m2 dwelling in
a good condition on a ½ 1615 m2 site with hillside and
harbour water plus valley views
Legal Description: Lot 1 Deposited Plan 12704 Flat 2 Deposited Plan 78745
WN45B/113 Wellington Registry
Critical Assumptions: Not a leaky home and has a Sto plaster warranty
Significant Risks: Quality/accuracy of building inspection
Inspection Valuation Date: 24 October 2019
Date of Report: 29 October 2019
Valuation Approaches: Net Rate Analysis and Direct Comparison
Valuation: $825,000 (Eight Hundred Twenty Five Thousand
Dollars), inclusive of $30,000 chattels
Unless otherwise stated all figures are GST inclusive (if any).
Prepared By:
Malcolm Stanley Gillanders
B.Com. VPM., SPINZ, ANZIV
Registered Public Valuer 2586
Annual Practising Certificate 9
This executive summary should be read in conjunction with the whole document/report.
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115a Normandale Road Normandale Lower Hutt