Positioned in the highly sought-after suburb of Ngaio, this 1959-built residence offers a rare combination of structural integrity and creative possibility. Spanning 140sqm on a 411sqm site, this property has potential of creating a home & income. Ideal for renovation enthusiast, savvy investors or 1st Home Buyers. Builders looking for a new project, there are fully consented working drawings for two townhouses to replace the existing dwelling. Adding to the appeal the Ngaio train station is 100 meters away, supermarket and Mitre 10 is a 3 minute drive, cafes, restaurant, medical centre, schools and kindergarten all with-in walking distance.

Property Highlights

• Robust Foundations & Classic Design: Constructed with enduring concrete block and topped with a durable Colorsteel roof and solid native timber floors, this home provides a rock-solid base for your modern upgrades.
• Versatile Living Layout: The floor plan features three generous bedrooms, two with panel heaters. The lower level includes a self-contained studio space—complete with its own bathroom—with renovation there is potential for passive income, a home office, or a teenage retreat.
• Elevated Comfort & Views: Enjoy picturesque, sheltered views from your hillside sanctuary. The living area n heat pump for year-round climate control, while the wooden deck serves as an ideal setting for outdoor entertaining.
• Strategic Location: Benefit from the irreplaceable value of a prime Ngaio address, characterized by mature greenery and an enviable neighbourhood profile and close to all amenities and public transport.

Assurance

• Transparency First: To assist your planning, we provide a comprehensive building inspection report (dated April 2026) confirming the home is structurally sound with no major defects.
• Operational Readiness: All essential services, including roofing, drainage, and utility connections, are in good working order.
• Renovation Roadmap: Detailed maintenance insights and cost estimates for ground-level concrete are available to help you transition seamlessly into the renovation phase.

Whether you are looking to secure your first home or add value-add a gem to your portfolio, this property represents exceptional entry value into one of Wellington’s premier areas. BEO $750,000, Contact Joyce 0220 866 588 for more details.