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511/142 Vivian Street, Te Aro, Wellington City

TOP FLOOR SUN & DUAL INCOME - BEO $499,000

dollar

Enquiries Over $499,000

Apartment
Apartment
Bedroom
3
Bathroom
2
Floor area
74m2
Title type
Unit Title
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Property details

Listing # RX4951286 | Listed on 24 March

*Viewings are now by appointment only. Please contact Tia and Courtney directly to arrange you viewing.



Positioned on the top floor (Level 5) at 142 Vivian Street and soaking up warm west-facing sun, this dual-key apartment delivers flexibility, strong returns, and future-focused buying in the heart of Te Aro.



Whether you're an investor seeking reliable income, a parent securing a base for university years, or a buyer wanting home-and-income versatility, this is a smart, adaptable opportunity.



The dual-key configuration offers two fully self-contained apartments on one title; ideal for multiple income streams or flexible living.



About the layout:



  • Two bedroom apartment featuring full kitchen, open-plan living, bathroom, and two genuine double bedrooms
  • Separate studio apartment with kitchenette, open-plan living/sleeping, and its own bathroom
  • Both apartments have independent entrances and power meters for true separation and convenience
  • West-facing for excellent afternoon sun, enhancing warmth and natural light
  • The two bedroom enjoys a full balcony, perfect for stepping out and soaking up the sun
  • The Studio includes a Juliet balcony, adding light, air, and connection to the outdoors


Here's the breakdown:



  • Proven income stream with the two-bedroom returning $570 per week and the studio $370 per week
  • Body Corporate fees approx. $1,189.93 per month (including hot water), with studio income helping offset holding costs
  • A track record of being a strong and consistent renter, driven by proximity to Victoria University and the CBD
  • 90% NBS earthquake rating provides confidence and peace of mind for owners and tenants alike
  • Walk-to-everything location being right in the City
  • A compelling option for parents wanting a secure base for students while generating supplementary income
  • Offers are invited upwards from $499,000


Smart, versatile, and positioned for performance, this is a standout option for investors, city professionals, or families thinking ahead. Contact Tia and Courtney today for your opportunity to view.



**Please note that the marketing photos used are not from this year. Photos taken when apartment was last listed for sale.



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

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