Back 2 Mersey Street
Off Market

2 Mersey Street

Island Bay Wellington

4
1
1
169 m²
794 m²
House
Megan RidleyMegan Ridley, last sold this property on 26 March 2026 after 141 days on market.

Overview

A Project with Soul, A Location with Lasting Value

On the market for the first time, this 1920s home located on sought-after Mersey Street, Island Bay is a rare opportunity for renovators, builders and visionaries ready to bring something truly special back to life. Filled with character and charm, the home spans 169m2^ and features four bedrooms, one bathroom, a separate WC, kitchen, wash house, dining and a formal living room, along with a stand-alone garage and adjoining sunroom. Retaining its original timber floors and decorative detailing, this is a home with undeniable charm but make no mistake, it's seen better days. Set on a generous 794m2^ site, the possibilities here are endless! Restore and modernise this gracious home to its former glory or reimagine the property entirely and create your dream home. Whether you're drawn to its renovation potential or the prospect of future development, opportunities like this are few and far between in the tightly held Island Bay community. On offer: - Character-rich 1920s villa with original features intact - Flexible layout with scope to reconfigure - Prime 794m2^ section with potential - Sought-after Island Bay location close to parks, beaches, schools, cinema, cafes and shops - No remediation reports, engineering assessments, or costings are available. Buyers will need to conduct their own due diligence - Sold as is, where is - If you've got the vision, drive and passion to take on a true transformation, seize this chance to create something remarkable in one of Wellington's most desirable suburbs. (^Source: Valocity Nexus) Contact Megan to arrange a time to view by Appointment. Source of information: Property Guru, Nexus, Wellington City Council (non-verified).

Features

4 bedrooms
1 bathroom
1 carspace
1 garage space
169 m² floor area
794 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Island Bay over the last 12 months, the estimated median property value of 2 Mersey Street is $1.09m.

Median value
$1.09m
Estimated value range
$665k - $1.93m
Median days on market
23
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Island Bay. 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 2 Mersey Street

2026
Sold
Undisclosed
26 Mar 2026 by Megan Ridley, of Lowe & Co Realty (AndCo Realty Limited)

Happy sellers in Island Bay

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

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

This is based on voluntary sentiment collected from 51 reviews in Island Bay over the last 12 months.

Local market activity for 4 bedroom houses in Island Bay

In the last 12 months, 15 four-bedroom houses similar to 2 Mersey Street, have been sold.

This represents a 220% decrease in four-bedroom houses sales when compared to the previous 12 months.

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