Opportunities like this rarely come to market in such a tightly held location. Positioned at the city end of Karori, this three-unit property presents an opportunity for investors, extended families, or those seeking a smart combination of home and income.
Whether your goal is to expand your investment portfolio, secure multiple income streams, or live in one while benefiting from the rental returns of the others, the flexibility here is exceptional.
Set on a corner site, this unique offering provides three fully self-contained dwellings, each refurbished to create comfortable, modern living spaces while retaining the character and quality of its original construction.
Configured as two generous three-bedroom units and one well-designed two-bedroom unit, each offers its own kitchen, bathroom, living spaces and modern comforts.
With strong rental appeal and all the hard work already completed, this is an asset ready to perform from day one.
Key Features:
- Three fully self-contained units on one title
- Two spacious three-bedroom units plus one two-bedroom unit
- All units extensively refurbished throughout
- Modern kitchens and bathrooms in each
- Healthy Homes compliant across all three units with heat pumps
- All renovations and extensions completed with Wellington City Council Code Compliance Certificates
- One large drive on single garage with additional storage
- Strong existing rental returns:
•11A Lancaster – $690 per week
•11B Lancaster – $690 per week
•11C Lancaster – $500 per week
•Wellington City Council rates: $ $8,574.72 per annum
Located moments from the vibrant Marsden Village, local cafés, shops, parks and sporting facilities. With excellent transport links, easy city access and zoning for sought-after schools, the location further strengthens the appeal.
A genuine multi-income opportunity in one of Wellington’s most desirable suburbs, this is an investment that offers flexibility today and strong potential for the future.
Make the Smart Choice, contact Steve or Elise to arrange a time to view, or join them at one of the scheduled open homes.
Tender closes 12pm, Friday 31st July 2026 at New Zealand Sotheby's International Realty Wellington (unless sold prior).
*Some images have been digitally enhanced using AI to help illustrate the potential use and presentation of the spaces. Furnishings and styling shown may vary upon inspection of the property.
