8 Papawai Terrace

Mount Cook Wellington

417 m²

House

Currently for sale - view listing

Overview

Versatile Home & Income Opportunity

Whether you're looking to reduce your mortgage by generating rental income, invest in a high-demand location, purchase with family or friends, or secure a property with long-term flexibility, this charming home-and-income presents an exceptional opportunity. Tucked away on a quiet Mount Cook street and offering approximately 160sqm of living space, the property comprises two self-contained dwellings-a two-bedroom home and a three-bedroom home-providing endless possibilities to suit a range of lifestyles and investment strategies. With both dwellings currently vacant, you'll have the freedom to move straight in, secure tenants immediately, or tailor the property to suit your own plans. Key features include: - Two self-contained dwellings comprising a two-bedroom and a three-bedroom home - Both dwellings currently vacant, offering immediate flexibility for owner-occupiers or investors - Light-filled interiors with pleasant leafy outlooks - Upstairs features an open-plan kitchen, dining, and living area with very generous sized bedrooms - Downstairs offers an open-plan kitchen and dining area with excellent flow - Building Report and LIM available following inspection Enjoy the convenience of a peaceful, tree-lined street just moments from Wellington Hospital, the CBD, Newtown village, public transport, schools, and local amenities. Whether you choose to live in one and rent the other, lease both for dual income, purchase alongside family or friends, this is a rare opportunity to secure a property that offers outstanding flexibility in one of Wellington's most sought-after city-fringe locations. Tender closes 2pm Wednesday 2nd September 2026 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)