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.



Tender closes 1pm, Thursday 9th April 2026 at 8 Kent Terrace, Wellington (will not be sold prior).



**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).