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Back 130 Wallace Street
Off Market

130 Wallace Street

Mount Cook Wellington

7
3
230 m²
448 m²
House
Last sold for $1,110,000
Grant CederwallGrant Cederwall, last sold this property on 22 October 2025 after 27 days on market.

Overview

Cash Cow Investment or Home and Income

This fabulous character two flat property is superbly located in the heart of popular Mount Cook. Located only minutes to Massey University, Wellington Hospital, NZ School Of Dance, transport, supermarket, the vibrant Newtown village and is an easy walk into the city centre. This blue chip rental property has proven rental history and is perfect for the astute investor to add to their successful investment portfolio. The upstairs 4 bedroom flat is currently rented at $900.00 per week and the downstairs 3 bedroom flat is currently rented for $825.00 per week. With a combined weekly rental return of $1,725.00 its easy to see why this is a fantastic investment property. Both flats are fixed tenancies through to January 2026. Rental upside with an additional room and bathroom upstairs at the rear which is not currently being used. This area requires renovation but would create an extra income stream. There may also be the possibility to further develop the rear section. Since owning the property the current vendors have upgraded the downstairs kitchen and bathroom, the upstairs bathroom, installed a new roof and had re-wiring and re-piling work done. Put your kids through University, pure investment or home and income this property is an absolute winner! LIM report and full information pack available. Don't miss out on this one call now to view!

Features

7 bedrooms
3 bathrooms
230 m² floor area
448 m² lot size
House

Estimated Value

We need at least 3 similar 7 bedroom houses sold in Mount Cook over the last 12 months.

Property history for 130 Wallace Street

2025
Sold
$1,110,000
22 Oct 2025 by Grant Cederwall, of Tommy's Real Estate Wellington City

Happy sellers in Mount Cook

65%
65% of sellers in Mount Cook reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 28 reviews in Mount Cook over the last 12 months.

Local market activity for 7 bedroom houses in Mount Cook

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Cook

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Alice O'Styke

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Edmund Chrisp

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Michael Hinds

Sellers who recommend Michael Hinds have praised them for being clear communication, local expert, supportive, honest, responsive, friendly and dedicated

  •   5   (268 reviews)
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Erin Rush

Sellers who recommend Erin Rush have praised them for being local expert, clear communication, responsive, reliable, hard-working, dedicated and supportive

  •   4.9   (135 reviews)
  •  2 Reviews in Mount Cook
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