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1/42 Leighton Avenue

Waiwhetu Wellington

3
1
100 m²
House
Currently for sale - view listing

Overview

Ready-Made Investment with Weekly Income

This charming 3-bedroom bungalow presents an outstanding opportunity for investors seeking an established rental property with reliable tenants already in place and paying weekly rent. Combining timeless character with practical everyday living, this is a ready-made investment in a highly convenient location. Having operated successfully as a well-maintained rental for the past 14 years, the property has been carefully looked after and was redecorated just over a year ago prior to the current tenancy commencing. The home continues to present beautifully throughout, with the current tenants keen to remain, offering immediate rental income and continuity from settlement day. Please note: marketing photos were taken in 2025 prior to the current tenancy. Positioned only a 5-minute walk from Woburn Railway Station, the location is highly attractive to tenants commuting into Wellington. SuperValue is conveniently nearby for everyday shopping, while schools, public transport and local amenities are all within easy walking distance. Inside, the home offers excellent flow from the kitchen through to the lounge, with a heat pump providing year-round comfort. Ornate decorative fireplaces in both the lounge and dining rooms add a touch of classic charm and character that continues to appeal to renters and homeowners alike. The kitchen is functional and well-equipped with gas cooking and generous storage, while the compact easy-care section helps minimise ongoing maintenance. Off-street parking is also provided with a dedicated car pad. For tenants who enjoy an active lifestyle, the nearby riverbank walkway offers a great space for walking and cycling. Whether you are expanding your investment portfolio or securing your first rental property, this is an excellent opportunity to purchase a character home with existing tenants, immediate rental return, and long-term appeal in a sought-after Lower Hutt location. For more information, please contact the agents or attend the Open Home this Sunday.

Features

3 bedrooms
1 bathroom
100 m² floor area
House

Happy sellers in Waiwhetu

63%
63% of sellers in Waiwhetu reported that their sale price either exceeded or met their price expectations.

Waiwhetu stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Waiwhetu over the last 12 months.

Local market activity for 3 bedroom houses in Waiwhetu

In the last 12 months, 18 three-bedroom houses similar to 1/42 Leighton Avenue, have been sold.

This represents a 20% decrease in three-bedroom houses sales when compared to the previous 12 months.

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