21 Colombo Street

Newtown Wellington

153 m²

160 m²

House

Currently for sale - view listing

Overview

Double the Opportunity

Set among a picturesque row of historic homes on one of Newtown's most sought-after streets, this substantial freehold property offers a rare home-and-income opportunity with two self-contained levels, each featuring three bedrooms. With excellent rental appeal, a prime location and plenty of scope to add value, it's a flexible proposition for investors, extended families or buyers looking to secure a property with future potential. Upstairs: - Three bedrooms - Bathroom plus separate WC - Open-plan kitchen, dining and living - Lovely outlook across Newtown towards the city - Recently rented for $700 per week Downstairs: - Three bedrooms - Open-plan kitchen, dining and living - Family bathroom - One bedroom opening directly to the courtyard - Recently rented for $690 per week With Newtown Village, Wellington Hospital, supermarkets, cafés and a huge range of eateries all within easy walking distance, the location is hard to beat. There is also exciting scope to renovate and enhance the property over time, whether that means creating a standout family home, maximising the rental return or continuing to enjoy the benefits of two separate dwellings. Ideal for multi-generational living or a savvy dual-income investment, this is an opportunity with genuine flexibility and plenty of upside. Tender closes 12pm Thursday 3rd September 2026 at Tommy's Real Estate, 209 Victoria Street, Te Aro, Wellington. (Will not be sold prior)