Investment opportunities of this caliber rarely present themselves. This wonderful 5-unit property offers sensational harbour views and is situated on one of Wadestown's most sought-after streets. This is a renovated 1960s solid mid-century classic that offers solid construction in an enviable location that is sought after by smart investors. With excellent sun, plenty of parking, and high occupancy rates, this is a proven performer. Comprising:
• Flat 1, 2 double bedrooms and rented at $550/ week
• Flat 1a, 2 double bedrooms and rented at $600/ week (vacating Nov 28th 2025)
• Flat 2, 2 bedrooms (1D, 1S) and rented at $550/ week
• Flat 3, 1 double bedroom and a study and rented at $525/ week
• Flat 4, 2 bedrooms (1D, 1S) and rented at $575/ week
• Garaging: 3 x singles - rented at a total of $142.23/ week
- Total rent roll: $152,996pa
- Healthy Homes compliant
- 100% NBS- DSA from Collab Engineers dated May 2025
Offering 5 immaculately refurbished apartments with rental upside, this wonderful investment property is brilliantly located for both tenants and investors. Garaging is a bonus. The location and quality are sure to attract those seeking a sound return with excellent future capital growth. I challenge you to Trump this…Blue chip property, blue chip location.
Tender closes 3pm Thursday 20th November 2025 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)
