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47B Edgecombe Street

Newlands Wellington

2
1
1
70 m²
Unit
Currently for sale - view listing

Overview

CASH COW OPPORTUNITY-BUY ONE-BUY BOTH

-TWO-FLAT PROPERTY WITH GREAT POTENTIAL! Separate titles-Buy one or Buy both. Being sold "AS IS WHERE IS" Looking for your next renovation project with the potential for excellent returns? This two-flat property presents a fantastic opportunity for investors, developers, or renovators looking to add value. The property requires extensive work and renovation, making it ideal for those with vision who can see the potential beyond its current condition. Property Highlights: Two flats, each 2 Bed - offering potential for dual rental income. One flat currently rented at $485 per week. Fixed till 6/01/2027. Plenty of scope to renovate, improve, and add value. Opportunity to maximise rental returns. Ideal for experienced investors or ambitious renovators. A chance to transform a property into a rewarding investment. Roll up your sleeves, unlock the potential, and reap the rewards! Properties with this much potential are worth a closer look. If you're prepared to put in the work, this could be the investment opportunity you've been waiting for. Get in touch today for more information or to arrange a viewing.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
70 m² floor area
Unit

Property history for 47B Edgecombe Street

2025
Rented
Undisclosed
Leased on 14 Dec 2025 by Harcourts Johnsonville (Team Group Realty Ltd)

Happy sellers in Newlands

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

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

This is based on voluntary sentiment collected from 36 reviews in Newlands over the last 12 months.

Local market activity for 2 bedroom units in Newlands

In the last 12 months, 3 two-bedroom units similar to 47B Edgecombe Street, have been sold.

This represents a 100% decrease in two-bedroom units sales when compared to the previous 12 months.

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