Back 14 Clifton Terrace
Off Market

14 Clifton Terrace

Kelburn Wellington

9
5
340 m²
504 m²
House
Last sold for $1,270,000
Tim ClarkTim Clark, last sold this property on 14 June 2026 after 215 days on market.

Overview

Position & Income in a Landmark Offering

This property is now sold. Positioned in the heart of Wellington, this established multi-unit property delivers immediate, reliable income with long-term upside in one of the city's most consistently in-demand rental locations. Returning $130,000 per annum across four flats, the property is fully let with a strong occupancy history - providing cashflow from day one. Built in the 1890s, the scale and layout work in your favour: generous room sizes, high stud ceilings, and multiple balconies that enhance tenant appeal and support ongoing demand. Elevated for sun and outlook, with views across the city and toward Oriental Bay, this is a location tenants actively seek out. Set on 504sqm with a total floor area of approximately 340sqm, there is clear potential to optimise returns over time. Whether through rental growth, refurbishment, or longer-term development considerations, this is an asset that offers more than just a holding yield. Held in the same family for over 75 years, it's a proven performer - and opportunities like this are increasingly hard to replace. Key Features: • $130,000 per annum gross income • Four flats - diversified income stream • Fully tenanted with established history • 340sqm* total floor area • 504sqm* landholding • High-demand inner-city location • Character construction with strong tenant appeal • Add-value and future upside potential • Also available: neighbouring properties - secure one, two, or all three A rare chance to secure scale, income, and position in one move.

Features

9 bedrooms
5 bathrooms
340 m² floor area
504 m² lot size
House

Estimated Value

We need at least 3 similar 9 bedroom houses sold in Kelburn over the last 12 months.

Property history for 14 Clifton Terrace

2026
Sold
$1,270,000
14 Jun 2026 by Tim Clark, of Tommy's Real Estate Wellington City

Happy sellers in Kelburn

<50%
50% of sellers in Kelburn reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Kelburn over the last 12 months.

Local market activity for 9 bedroom houses in Kelburn

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