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Back 121 Ohariu Road
Off Market

121 Ohariu Road

Johnsonville Wellington

4
2
130 m²
813 m²
Single-Family
Last sold for $725,000
Anita CorlettAnita Corlett, last sold this property on 04 December 2025 after 23 days on market.

Overview

2 Homes, 1 Title - BEO $720K!

** BUYER ENQUIRY OVER $720,000 ** After 38 years with the same family, this much-loved property is ready for new beginnings. Offering a genuine dual-living setup with two self-contained flats, it's perfect for first home buyers looking to ease mortgage pressures, extended families wanting their own space, or investors seeking a solid return in a prime Johnsonville location. Each flat features two bedrooms with built-in wardrobes and bright, open-plan living and dining areas that enjoy excellent sun. The downstairs flat includes a sunny balcony off the living space, ideal for relaxing at the end of the day, and a modernised bathroom with a fresh, contemporary feel. Upstairs mirrors the lower level with comfortable open-plan living, and a bathroom with shower over bath, perfect for families or tenants. Both units include laundry facilities within the bathrooms, a heat pump for year-round comfort, extractor fans, insulation, and are move-in ready. With a Buyer Enquiry Over $720,000 and rental appraisals of $500–$570 per week per flat, the combined projected rent sits at $1,000–$1,140 per week, giving an impressive 7.2%–8.2% gross yield — a rare find in today’s market. Whether you’re looking for a strong hands-off investment or planning to live in one unit and let the other significantly offset your mortgage, the numbers speak for themselves. The property offers plenty of off-street parking, and the generous section presents potential for further development or future enhancements. Positioned close to schools, shops, public transport, and all the amenities Johnsonville has to offer, this is an opportunity not to be missed. Live in one, rent the other, buy with friends or family, or add this proven performer to your investment portfolio — the options are endless! *Source of information: Property Guru, Nexus, Wellington City Council (non-verified). LIM & Builders Report - Available Discover more at anitaandshannon.co.nz

Features

4 bedrooms
2 bathrooms
130 m² floor area
813 m² lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Johnsonville over the last 12 months, the estimated median property value of 121 Ohariu Road is $870k.

Median value
$870k
Estimated value range
$720k - $1.08m
Median days on market
23
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Johnsonville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121 Ohariu Road

2025
Sold
$725,000
04 Dec 2025 by Anita Corlett, of Lowe & Co Realty (AndCo Realty Limited)

Happy sellers in Johnsonville

71%
71% of sellers in Johnsonville reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 53 reviews in Johnsonville over the last 12 months.

Local market activity for 4 bedroom single-family properties in Johnsonville

In the last 12 months, 10 four-bedroom single-family properties similar to 121 Ohariu Road, have been sold.

This represents a 175% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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Michael Hinds

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Ben Stevens

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