3 Maarama Crescent

Aro Valley Wellington

176 m²

352 m²

House

Currently for sale - view listing

Overview

Two flats. One title. Serious investment potential

Positioned within easy reach of the CBD, Aro Valley, the hospital and both Victoria and Massey universities, this substantial character property presents a compelling opportunity for investors seeking dual income potential in a highly convenient central location. Configured as two self-contained flats with seven bedrooms in total, the property offers two income streams from a single property with one set of outgoings. Alternatively, the flexible configuration creates an excellent home and income opportunity, allowing you to live in one flat while generating revenue from the other. The upper-level flat provides four bedrooms alongside a spacious living room opening to a deck with incredible city and sea views. A large, tidy kitchen offers excellent bench space and storage, while refreshed interiors, neutral décor and recent carpeting create a comfortable and practical living environment. To the rear, a generous lawn provides valuable outdoor space and an elevated outlook across the city. The ground-floor flat provides a further three bedrooms, living room, kitchen, bathroom and laundry and is currently tenanted for $575/week, providing an established second income stream. Fantastic features include: • Two self-contained flats, four bed upstairs and three downstairs • Three-bedroom lower flat tenanted $575pw - Feb 2027 • Two income streams with one set of outgoings • Excellent investment or home and income opportunity • Upper flat with spacious living and deck enjoying city views • Generous rear lawn and outdoor space • Walking distance to Aro Valley shops and the CBD • Convenient to the hospital, Victoria and Massey universities • Central location with excellent rental appeal Whether you're expanding an existing portfolio, looking for a high-capacity rental investment or exploring the flexibility of home and income, this is a compelling opportunity in a location where convenience and income potential combine. Call the team immediately to view. Deadline sale (unless sold prior) closes 12pm, Thursday 1st October 2026 at 8 Kent Terrace, Wellington *Source of information: Property Guru, Nexus, Wellington City Council (non-verified). *Information displayed under Trade Me's property details section may be sourced from third-party records and council data. Lowe & Co Realty and its agents do not guarantee or warrant its accuracy. Purchasers should verify all details independently and are advised to seek independent advice.