Tucked discreetly behind the Brooklyn Village shops, this substantial multi-income property delivers the kind of scale and flexibility that serious investors are always searching for. Comprising two large apartments, 16 storage units, and a double garage, this rare offering produces diverse income streams in one of Wellington’s most tightly held city-fringe suburbs. With rental upside and future development potential, this is a strategic asset positioned for both immediate income and long-term gain.
- Multi-income investment with scale – 19 separate income streams including two large apartments, 16 storage units, workshop plus a tandem garage
- Approximately 570sqm floor area across two buildings on a single title in the heart of Brooklyn Village
- Two substantial apartments – one configured as an 11-bedroom, 2-bathroom apartment and one as a 5-bedroom, 1-bathroom apartment
- Current rental configuration – 11-bedroom apartment rented as a 6-bedroom for $1,030 per week (fixed until Nov 2026) and 5-bedroom apartment rented for $830 per week (fixed until Oct 2026)
- Additional income streams – 16 storage units (partially tenanted), a large workshop currently rented for $200 per week on a periodic tenancy PLUS tandem garage (currently vacant)
- Estimated current income circa $2,300 per week with clear potential to increase as the Wellington rental market strengthens
- Low-maintenance, industrial-style improvements with heat pumps installed in each apartment
- Off-street parking for multiple vehicles plus large double garage providing additional rental flexibility
- Positioned directly behind Brooklyn Village shops with cafes, services, and bus transport literally at the door
- Easy access to Wellington CBD – a downhill stroll into the city and strong tenant demand for this central location
- Add-value and redevelopment potential for investors seeking to maximise long-term returns
- Buyer Enquiry Over $1,700,000
Opportunities with this level of income diversity and future potential in such a tightly held suburb are rare. Whether you’re looking to secure strong multi-stream cashflow now or unlock further value over time, this Brooklyn Village investment deserves serious consideration—contact us today to arrange a private viewing.