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1/3 Ngaio Gorge Road, Ngaio, Wellington City

NGAIO - PREMIUM INVESTMENT LOCATION

dollar

Enquiries Over $895,000

Unit
Unit
Bedroom
5
Bathroom
3
Floor area
160m2
Title type
Cross Lease
Covered park
2
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Property details

Listing # RX4939781 | Listed on 3 March

** BUYER ENQUIRY OVER $895,000 **



Positioned on the fringe of sought-after Ngaio, 1/3 Ngaio Gorge Road offers a unique opportunity with its "Home and Income" configuration, and long-term flexibility just minutes from the city. This home offers versatile options for the astute investor or use as a family Home.



Upper Level



The upper level is configured for comfortable family living, with four well-proportioned bedrooms, generous living spaces, and elevated outlooks that capture excellent natural light.

Currently leased at $900 per week to February 2027.



Lower Level



Downstairs, a spacious one-bedroom apartment provides further flexibility - ideal for extended family, guests, home-and-income living, or continued rental return.

Currently leased at $350 per week to February 2027.



2 carports + 2 off street parks ensures practical off-street parking, while the thoughtful layout provides separation without compromising connection - appealing equally to investors and owner-occupiers seeking adaptable space.



Located within easy reach of transport, schools, village amenities, and just a short drive to the CBD, this is a compelling opportunity to secure a well-located property in one of Wellington’s most consistently popular suburbs, close to Wellington.



Property details:

  • 160 m2^ floor area
  • WCC Rates $6,077 per annum. Building Insurance $5975 per annum.
  • Sheltered from both northerly and southerly winds
  • Northwest-facing for strong sun
  • Builder’s Report and WCC LIM available on request


For further information or to request the property pack, contact Harry on 021 777 806.



^Source of information: Property Guru, Nexus, Wellington City Council (non-verified).

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Other park
2 other parks

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