Sold

29 Rawhiti Terrace,
Kelburn, Wellington City

5 bedrooms
3 bathrooms
1 car space
799m² land size
330m² building size
Home and Income

Price withheld


Property details

Deceased Estate, First Time Available For 55 Years

Located in one of Kelburn's most highly regarded streets this grand old 1925 character villa's current iteration is a home with two incomes and will have strong appeal to both owner/occupiers and investors.

The possibilities are limitless including;
* Living in the extremely spacious 3 bedroom main home and enjoying income from two flats; currently a two and one bedroom.
* Reconfiguring the (approx) 330 sqm combined floor area to increase bedroom numbers to really maximise the rental returns. This location is highly sought after by tenants.
* Creating one magnificent family home incorporating one or both flats.
* Holding and enjoying healthy rental returns and ultimately developing the 799sqm site.

Additional attractions of the location and property include;
* Many outstanding character features with beautiful original timber work.
* Quiet cul de sac location
* Plenty of sun and light throughout the home
* Immediate proximity to the University and the CBD, with direct downtown access via the cable car which is just a few minutes walk
* Lovely views over the city, harbour and Hunter Building
* Established gardens
* Kelburn Village shops are a short walk away
* Single garage

The hallmark of any great real estate is length of ownership. 55 years says it all. This is a wonderful opportunity to acquire this extremely versatile property in a tightly held blue chip Kelburn location.

The intent to sell this deceased estate is serious and will be sold by Tender closing in our rooms at noon on Friday 4th April, 2025.

Explore the area


School catchments

  • Kelburn Normal School Full primary Years 1-8 State 0.52km
  • Clifton Terrace Model School Full primary Years 1-8 State 0.55km
  • Te Aro School Full primary Years 1-8 State 0.78km
  • Northland School Full primary Years 1-8 State 0.90km
  • Sacred Heart Cathedral School Full primary Years 1-8 State integrated 1.4km

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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