Back 3/74 Derwent Street
Off Market

3/74 Derwent Street

Island Bay Wellington

3
2
1
93 m²
Townhouse
Last sold for $900,000
Warrick McCluskeyWarrick McCluskey, last sold this property on 28 August 2025 after 30 days on market.

Overview

EASY LIVING ON THE FLAT!

Buyer Enquiry over $895,000 An absolute rarity-extremely well presented and situated on the flat in the heart of Island Bay. This is your opportunity to purchase a high-quality townhouse in a boutique development designed by award-winning architects Novak+Middleton. Enjoying street frontage and three external walls for extra natural light, this semi-detached townhouse occupies a super sunny site, conveniently close to Island Bay's shopping precinct and café culture, with the South Coast just minutes away on foot. Some of the many features include: • Three generous bedrooms • Family bathroom plus ensuite • Heat pump and stone kitchen benchtop • High stud ceilings and high-quality construction • Large open-plan living and kitchen space • Off-street car park • Fully fenced courtyard and a balcony (Please note: the furniture in the photos has since been changed) Double glazed, fully insulated, and finished to a very high standard-this fabulous low-maintenance property is located in one of Wellington's most vibrant suburbs! Available for owner occupation from early August with a Body Corporate Levy of $6,229 pa. Get in early-call Warrick now to view.

Features

3 bedrooms
2 bathrooms
1 carspace
1 open car space
93 m² floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Island Bay over the last 12 months, the estimated median property value of 3/74 Derwent Street is $964k.

Median value
$964k
Estimated value range
$880k - $1.25m
Median days on market
59
Estimated value trend
-11%
decrease 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 3/74 Derwent Street

2025
Sold
$900,000
28 Aug 2025 by Warrick McCluskey, of Tommy's Real Estate Wellington City

Happy sellers in Island Bay

59%
59% 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 3 bedroom townhouses in Island Bay

In the last 12 months, 7 three-bedroom townhouses similar to 3/74 Derwent Street, have been sold.

This represents a 300% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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