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351 Ohiro Road, Brooklyn, Wellington City

Duplex: Two Income Streams + Value-Add Potential

dollar

Enquiries Over $575,000

House
House
Bedroom
2
Bathroom
2
Floor area
100m2
Land area
627m2
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Property details

Listing # 631680 | Listed on 6 August

Affordable Brooklyn Duplex: 351A-351B Ohiro Rd

A rare opportunity to secure a freehold duplex in popular Brooklyn, configured as two self-contained one-bedroom flats.

With two potential income streams, the property offers investors immediate rental income plus scope to modernise and add value. Independent rental assessments indicate combined rental potential of approximately $750-$900 per week.

BEO $575,000, equating to an indicative gross yield of approximately 6.8%-8.1% based on the estimated rental range.

Approximate annual rates, water and insurance total $9,170.

  • Two self-contained one-bedroom flats
  • Freehold title
  • Potential rent of $750-$900/week
  • Indicative gross yield of 6.8%-8.1%
  • Scope to modernise and add value
  • Elevated position
  • Easy access to the CBD

Freehold multi-unit properties in the Wellington region at this price point are increasingly rare.

Infopack available:
https://propertyfiles.co.nz/21275

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