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17 Home Street,
Mount Victoria, Wellington City
Price withheld
Property details
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Agents
Ray White Wellington City: Leaders Real Estate City Limited Licensed (REAA 2008)
Level 1/77 Thorndon Quay, Wellington Central Wellington City 6011
Mount Victoria Cashflow + Development Upside
Configured as a dual-income investment, the property comprises two well-established dwellings.
The main residence is arranged over two levels, offering four bedrooms and a bathroom upstairs, with open-plan living, kitchen and a discreet hideaway laundry on the ground floor. The layout is practical, proven and well suited to long-term tenancy in this location.
To the rear, a separate three-bedroom dwelling provides additional income, centred around a generous kitchen, dining and living hub. This configuration has delivered a strong and consistent rental history, underpinned by proximity to the CBD, Courtenay Place, universities and public transport.
At the front of the property, a sun-drenched deck and single garage add valuable convenience, a rare and highly sought feature in Mount Victoria. Zoned City Residential, the property may offer future development or intensification potential (purchasers are advised to undertake their own due diligence). Whether retained as a high-performing dual rental, reconfigured into a home and income, or explored for long-term redevelopment, the flexibility here is significant.
Mount Victoria remains one of Wellington's most tightly held and desirable city-fringe suburbs. With enduring tenant demand, character appeal and limited supply, this is an opportunity to secure a strategic asset in a premium location. Both flats are vacant and have current rental appraisals of $850 and $750 totalling $1600pw.
Invest with confidence. Landbank, develop, or continue the proven income stream, the choice is yours.
Explore the area
School catchments
- Clyde Quay School Full primary Years 1-8 State 0.06km
- Mt Cook School (Wellington) Full primary Years 1-8 State 0.46km
- St Mark's Church School (Mt Victoria) Full primary Years 1-8 Private 0.56km
- Wellington East Girls' College Secondary Years 9-15 State 0.67km
- Wellington College Secondary Years 9-15 State 0.84km
- Wellington High School and Com Ed Centre Secondary Years 9-15 State 0.91km
- Te Aro School Full primary Years 1-8 State 1.3km
- Hataitai School Full primary Years 1-8 State 1.4km
- Kilbirnie School Primary Years 1-6 State 1.6km
- Newtown School Primary Years 1-6 State 1.7km
- St Annes School (Newtown) Full primary Years 1-8 State integrated 1.7km
- Clifton Terrace Model School Full primary Years 1-8 State 1.7km
- Brooklyn School (Wellington) Full primary Years 1-8 State 1.8km
- Roseneath School Full primary Years 1-8 State 1.8km
- Kelburn Normal School Full primary Years 1-8 State 2.1km
- St Patrick's College (Kilbirnie) Secondary Years 9-15 State integrated 2.2km
- Wellington Girls' College Secondary Years 9-15 State 2.3km
- Evans Bay Intermediate Intermediate Years 7-8 State 2.4km
- Sacred Heart Cathedral School Full primary Years 1-8 State integrated 2.4km
- St Mary's College (Wellington) Secondary Years 9-15 State integrated 2.4km
- South Wellington Intermediate Intermediate Years 7-8 State 2.5km
- St Catherines College (Kilbirnie) Secondary Years 9-15 State integrated 2.5km
- Queen Margaret College Composite Years 1-15 Private 2.7km
- Rongotai College Secondary Years 9-15 State 3.2km
- Altum Academy Secondary Years 7-15 Charter 3.3km
- Samuel Marsden Collegiate School Composite Years 1-15 Private 3.6km
- Scots College Composite Years 1-15 Private 4.5km
- TKKM o Nga Mokopuna Composite Years 1-15 State 4.8km
- Onslow College Secondary Years 9-15 State 7.3km
- Wellington Hills Christian College Composite Years 1-15 State integrated 8.2km
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.
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Quynh Do
17 Home Street, Mount Victoria 6011
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Quynh Do
17 Home Street, Mount Victoria 6011