Discover the charm and potential of 3 Derby Street, a delightful two-flat property offering an exciting opportunity for investors, home-and-income buyers, or those looking to create a spacious family home in the future. It comprises a two-bedroom flat and a one-bedroom flat, both of which are currently tenanted.
Property Highlights:
- Flexible Options: Investment or home-and-income property, with the potential to convert it into a single home in the future, subject to any necessary consents.
- Mount Victoria Character: High ceilings, generous windows and character-filled interiors.
- Quiet, Convenient Setting: Positioned on a wide and peaceful Mount Victoria street, with generally easy on-street parking, the property is just a short stroll from local cafés, shops and parks, with excellent access to public transport and the central city. Close to the beautiful town belt for stunning walks, bike rides and bird life.
- Outdoor Potential: The generous outdoor space offers plenty of scope for gardening, entertaining or simply enjoying the sunshine.
Whether you're looking for rental income, a home-and-income opportunity or a property with long-term potential, 3 Derby Street offers flexibility in a highly desirable location.
Tender Closes at 12pm, Thursday 8th October 2026 at 8 Kent Terrace, Wellington (will not be sold prior)
Property Facts:
Title: Freehold
Year: 1890s
Floor area: 90m²
RV: $1,030,000*
Rates: $5,215.38 p.a.
Contact us today to arrange a viewing and explore the possibilities this sunny Mount Victoria property has to offer.
Tom Culy 021 273 2357
Harriet Culy 027 752 4915
Kylie Lyne 021 0227 9143
Wondering what your property is worth? Find out with a free market appraisal at www.culy.co.nz
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.
