Opportunities like this are exceptionally rare. Set on a single title in tightly held Mt Cook, this unique investment package comprises three stand-alone two-flat villas delivering six separate income streams and producing an impressive $2,919 per week (over $150,000pa).



With strong existing returns, diversification across multiple tenancies, and several potential value-add pathways, this is the type of asset sophisticated investors, family trusts, and portfolio builders actively seek but seldom find.

• Rare investment holding comprising three stand-alone two-flat villas on one title
  
• Six separate income streams providing diversification and reduced vacancy risk
  
• Strong existing cashflow of $2,919 per week (~$152,000pa)
  
• 72 & 74 Tasman Street configuration: each property comprises a 3-bedroom flat plus a 2-bedroom flat to the rear
  
• 76 Tasman Street configuration: one 2-bedroom flat with a 1-bedroom flat at the rear
  
• Multiple ways to unlock further value including subdividing and selling as individual home & income properties
  
• Potential development opportunity now or in the future (buyers to complete their own due diligence)
  
• Ideal for long-term hold with strong rental income and capital growth potential
  
• Prime Mt Cook location within walking distance to the CBD, Massey University, Wellington Hospital, and city amenities tenants love
  
• High tenant demand area known for consistent rental performance
  
• RV $2,220,000
  
• Rates $14,852.85pa
  
• Offers Invited Upwards From $1,745,000
  

For sale by TENDER:

• Closing 1pm Thursday 16 April 2026
  
• At Lowe&Co Realty, 8 Kent Tce, Wellington
  
• The vendors will not consider offers prior to the deadline
  

A versatile, high-yield opportunity in one of Wellington's most sought-after rental suburbs. Whether you're expanding a portfolio, securing a blue-chip landholding, or exploring future development and exit strategies, opportunities of this scale and flexibility are seldom available, make sure you're at the Sunday viewing so you don't miss it.



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