Sold

10 Stephen Street,
Johnsonville, Wellington City

4 bedrooms
2 bathrooms
4 car spaces
1,029m² land size
150m² building size
House

NZD 730,000


Property details

Chattels

  • Cooktop Oven
  • Wall Oven
  • Rangehood
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Drapes
  • Garden Shed

RC Approved: 7 Townhouses in Central Johnsonville

Stop scrolling and start building. If you've been looking for a development project that skips the "will they, won't they" drama of the local council, this is your winning ticket.

Located in the heart of Johnsonville, this 1029m2 of near-flat land is a developer's dream. We've done the heavy lifting, the Resource Consent is already secured for 7 modern townhouses, meaning you can bypass the red tape and break ground when you're ready.

THE BONUS: IMMEDIATE HOLDING INCOME

While you finalise your build schedule and contractors, enjoy the security of a steady cash flow.

Currently on-site: A spacious 4-bedroom home.

Current Rent: $650 per week.

This is the ultimate "safety net" to help offset holding costs while you prepare for construction.

THE PROJECT AT A GLANCE:

THE LAND: 1029m2 of premium, near-flat topography (a rare find in Wellington!).

THE CONSENT: Pre-approved for 7 townhouses.

THE LAYOUT: Each unit features 2 bedrooms, the "sweet spot" for first-home buyers and investors.

THE BONUS: All 7 units come with OFF-STREET PARKING, a massive competitive advantage in today's market.

LOCATION, LIFESTYLE, CONVENIENCE:

Stephen Street offers that perfect "walk-to-everything" convenience that buyers crave. You're not just building houses; you're selling a lifestyle connected to:

TRANSPORT: Minutes away from the Johnsonville train station and bus hubs for an easy CBD commute.

AMENITIES: A short stroll to the Johnsonville Shopping Centre, supermarkets, and local cafes.

EDUCATION: Zoned for popular local schools, making these units highly attractive to small families.

WHY THIS IS A WINNING COMBO:

In a market where timing is everything, having a "shovel-ready" project is gold. Whether you're looking to keep your crew busy or want a high-yield investment to add to your portfolio, this Stephen Street site removes the uncertainty and replaces it with a clear path to profit.

The hard work is done. The income is flowing. The vision is set. The only thing missing is you.

Contact us today for a full information pack, including the consented plans and property files.

**Please note that all interior and exterior photos of this property are outdated and do not reflect its current condition. For the most up-to-date visual representation, please refer to the drone images.**

Explore the area


School catchments

  • Raroa Normal Intermediate Intermediate Years 7-8 State 0.29km
  • Wellington Hills Christian College Composite Years 1-15 State integrated 0.56km
  • West Park School Primary Years 1-6 State 0.59km
  • St Brigids School (Johnsonville) Full primary Years 1-8 State integrated 0.71km
  • Johnsonville School Primary Years 1-6 State 1.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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