Opportunities like this are few and far between. Set in one of Hataitai's most tightly held streets, this five-flat investment property offers the ideal combination of immediate income, long-term capital growth, and future upside. With a strong rental return already in place and scope to add further value over time, this is an exceptional opportunity for investors looking to secure a quality asset in one of Wellington's most consistently sought-after suburbs.

Features include:

• Five self-contained flats comprising one two-bedroom unit, three one-bedroom units and one studio.
• Returning approximately $114,140 per annum in rental income.
• Impressive, proven occupancy history with consistently strong tenant demand.
• Four valuable off-street car parks, a sought-after feature in this city-fringe location.
• Two flats enjoy sea views and a stunning outlook beyond.
• Easy-care section with low ongoing maintenance.
• Excellent value-add opportunity to undertake cosmetic improvements and enhance future rental returns.
• Highly desirable city-fringe location with strong tenant appeal.
• Minutes from Hataitai Village, Kilbirnie, public transport, the CBD, Wellington Hospital and Airport.

With quality multi-unit investments becoming increasingly difficult to secure, this property represents an outstanding addition to any portfolio. Whether you're looking for a reliable income-producing asset, a long-term hold with capital growth potential, or an opportunity to unlock further value, this is a rare offering in a blue-chip Wellington location that deserves your attention.

Tender closes 12pm Thursday 20th August 2026 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Not selling prior)