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11 Caroline Street, Mount Victoria, Wellington City

Home and Income- Nest or Invest in Central Mt Vic

dollar

Buyer Enquiry Over $995,000

House
Home & income
Bedroom
5
Bathroom
2
Floor area
151m2
Land area
184m2
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Property details

Listing # L34990765 | Listed on 7 October

Looking to escape the rent trap or step onto the investment ladder? Here's your chance to own a versatile home and income or investment property in a sunny, ultra-central cul-de-sac just moments from the CBD.
This smartly configured two-level residence offers:

  • Three double bedrooms downstairs + two-bedroom income upstairs
  • Currently rented at $780 and $610/ week, respectively
  • Unbeatable location in Mt Victoria-a quick stroll to shops, cafes, and city life
  • Spacious living zones
  • Off-street car park
  • Flat, private rear yard
  • Mostly double glazed
  • Rental income potential with scope for further upside
  • Estimated mortgage of $500,923 when renting upstairs at $610/week (principal & interest)
  • Estimated mortgage of $640,525 when renting downstairs at $780/week (P&I based on 4.85% over 30 years)

Whether you're a first-time buyer, savvy investor, or professional seeking location and flexibility, this property offers serious bang for your buck.
Tidy, central, and income-generating-it's the ultimate nest-or-invest opportunity.

Tender closes 3pm Thursday 30th October 2025 at Tommy's Real Estate, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)

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Additional features

Other park
1 other park
Other Features: Dryer x 1,Stove x 2,Smoke Detectors x 4,Heat Pump x 2,Bathroom Extractor Fan x 2

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