BEO: $1,195,000
This substantial character four-flat property is superbly located in the heart of Newtown, and only minutes from Wellington Hospital, the vibrant Newtown village, supermarket, cafes, restaurants and bus stop. The house is well positioned on a very sunny site with a large flat lawn area. This property has proven rental history and until this week was returning an impressive $2,300 per week, perfect for the astute investor to add to their successful investment portfolio.
Comprising:
• Flat 1 - two bedrooms and rented at $630 per week - fixed tenancy until January 2027.
• Flat 2 - one bedroom (currently rented as a two bedroom) and rented at $490 per week - fixed tenancy until January 2027
• Flat 3 - two bedrooms and has just been vacated (19/5/26) was rented for $550 per week
• Flat 4 - three bedrooms and rented at $630 per week - fixed tenancy until end of June 2026
A fantastic opportunity for investors to buy in a sought after location, and with high occupancy rates and a great yield, this property is a proven performer. Call Liz Potter today to arrange your private viewing.
Property documentation will be provided to registered parties following viewing of the property.
Tender closes 2pm Wednesday 3rd June 2026 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)
