Back 16 Clifton Terrace
Off Market

16 Clifton Terrace

Kelburn Wellington

8
3
220 m²
634 m²
House
Last sold for $1,140,000
Tim ClarkTim Clark, last sold this property on 07 June 2026 after 208 days on market.

Overview

Add-Value Investment - Big Upside

This property is now under offer. Positioned in a prime pocket of Wellington, this versatile character property offers multiple pathways to create value - whether you're looking for a home and income, a strategic investment, or a project with future upside. Configured as two flats (3 + 5 bedrooms), the property is fully tenanted and returning $93,600 per annum, providing immediate holding income while you plan your next move. Set on a generous 634sqm site, the scale here is where the opportunity lies. With excellent sun, elevated views across the city, and glimpses toward Oriental Bay, the fundamentals are already in place - now it's about unlocking the potential. Retaining classic character features and offering a flexible layout, there is clear scope to enhance, reconfigure, or explore longer-term development options (subject to due diligence). Whether you choose to live in one and rent the other, landbank, or add value over time, this is a smart entry into a tightly held location. Key Features: • Two flats (3 + 5 bedrooms) • $93,600 per annum income • 634sqm* landholding - significant site • 220sqm* floor area • Flexible home & income or investment option • Character features retained • Elevated with sun and city/harbour outlook • Add-value and development potential • Also available: neighbouring properties - secure one, two, or all three A property with options - and in this location, that's where the real value sits.

Features

8 bedrooms
3 bathrooms
220 m² floor area
634 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in Kelburn over the last 12 months.

Property history for 16 Clifton Terrace

2026
Sold
$1,140,000
07 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 8 bedroom houses in Kelburn

In the last 12 months, 1 eight-bedroom house similar to 16 Clifton Terrace, have been sold.

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