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Back 4 Melrose Road
Off Market

4 Melrose Road

Island Bay Wellington

4
1
1
124 m²
515 m²
House
Nick MajorNick Major, last sold this property on 18 March 2026 after 21 days on market.

Overview

UNLOCK THE POTENTIAL! | BEO $825,000

What could this home be worth after a little elbow grease in a recovered market? That's the question savvy buyers will be asking — and the opportunity here makes it one well worth exploring. Positioned on a generous 515sqm^ north-facing section with expansive yard space front and back, this 124sqm^ home is clearly ready for cosmetic enhancement. Kitchen and bathroom upgrades are required, but for those prepared to roll up their sleeves, the upside is compelling. Whether you're a first-home buyer seeking an entry into Island Bay, a renovator looking to add value, or an investor eyeing long-term potential, this is an opportunity not to overlook. - North-facing aspect providing excellent natural light - Flexible 124sqm^ layout — four bedrooms (three doubles, one single) or three bedrooms plus two living areas - Generous 515sqm^ section with expansive backyard and additional front yard space - Established fruit trees and room to landscape, enhance or redesign the layout as a whole - Kitchen and bathroom ready for upgrading — clear scope to modernise and add value - Well-suited to first-home buyers, renovators, flippers and investors - Single garage for secure parking and storage - Popular Island Bay location, close to village amenities, public transport, schools and the coastline Homes with this level of sun, section size and clear value-add potential are increasingly rare in Island Bay. If you can see beyond the current presentation and recognise the future opportunity, make sure you attend the open home or contact us to arrange a private viewing — this is one you'll want to assess in person. Tender closes 2pm, Thursday 19th March 2026 at 8 Kent Terrace, Wellington (will not be sold prior) **(^Source of information: Property Guru, Nexus, Wellington City Council (non-verified))**

Features

4 bedrooms
1 bathroom
1 carspace
1 garage space
124 m² floor area
515 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 4 Melrose Road 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 4 Melrose Road

2026
Sold
Undisclosed
18 Mar 2026 by Nick Major, 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 4 Melrose Road, have been sold.

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

Nearby agents

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Chris Robinson

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Edmund Chrisp

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Jason Lange

Sellers who recommend Jason Lange have praised them for being clear communication and local expert

  •   5   (28 reviews)
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