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10 Stephen Street, Johnsonville, Wellington City

RC Approved: 7 Townhouses in Central Johnsonville

dollar

$1,050,000

House
House
Bedroom
4
Bathroom
2
Floor area
150m2
Land area
1029m2
Garage
2
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Property details

Listing # JHV31781 | Listed on 25 February

Stop scrolling and start building. If you've been looking for a development project that skips the "will they, won't they" drama of the local council, this is your winning ticket.

Located in the heart of Johnsonville, this 1029m2 of near-flat land is a developer's dream. We've done the heavy lifting, the Resource Consent is already secured for 7 modern townhouses, meaning you can bypass the red tape and break ground when you're ready.

THE BONUS: IMMEDIATE HOLDING INCOME

While you finalise your build schedule and contractors, enjoy the security of a steady cash flow.

Currently on-site: A spacious 4-bedroom home.

Current Rent: $650 per week.

This is the ultimate "safety net" to help offset holding costs while you prepare for construction.

THE PROJECT AT A GLANCE:

THE LAND: 1029m2 of premium, near-flat topography (a rare find in Wellington!).

THE CONSENT: Pre-approved for 7 townhouses.

THE LAYOUT: Each unit features 2 bedrooms, the "sweet spot" for first-home buyers and investors.

THE BONUS: All 7 units come with OFF-STREET PARKING, a massive competitive advantage in today's market.

LOCATION, LIFESTYLE, CONVENIENCE:

Stephen Street offers that perfect "walk-to-everything" convenience that buyers crave. You're not just building houses; you're selling a lifestyle connected to:

TRANSPORT: Minutes away from the Johnsonville train station and bus hubs for an easy CBD commute.

AMENITIES: A short stroll to the Johnsonville Shopping Centre, supermarkets, and local cafes.

EDUCATION: Zoned for popular local schools, making these units highly attractive to small families.

WHY THIS IS A WINNING COMBO:

In a market where timing is everything, having a "shovel-ready" project is gold. Whether you're looking to keep your crew busy or want a high-yield investment to add to your portfolio, this Stephen Street site removes the uncertainty and replaces it with a clear path to profit.

The hard work is done. The income is flowing. The vision is set. The only thing missing is you.

Contact us today for a full information pack, including the consented plans and property files.

**Please note that all interior and exterior photos of this property are outdated and do not reflect its current condition. For the most up-to-date visual representation, please refer to the drone images.**

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Additional features

Other park
2 other parks

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