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31 & 31A Scarborough Terrace,
Mt Victoria, Wellington City

5 bedrooms
2 bathrooms
2 car spaces
200m² building size
House

Price withheld


Property details

Chattels

  • Cooktop Oven
  • Stove
  • Rangehood
  • Extractor Fan
  • Dishwasher
  • Heated Towel Rail
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • Drapes
  • Garden Shed

Location, Renovation or Investment

BEO $1,300,000

Located in highly sought after Scarborough Terrace, this charming circa 1890's villa needs some new love to maximise its true potential, but makes for a great home and/or investment in the interim.

Already subdivided into two separate titles, there are many options! Combined of RV $1,810,000 and a current total rental income of $1,440 per week.

Currently two flats (three bedrooms up and two bedrooms down), it is ideal as a Home & Income, but could convert to a large family home with relative ease.

The sunny upstairs three-bedroom flat has views over the city and includes open plan living, an efficient woodburner (with handy firewood), user-friendly attic ladder with loads of storage, and great indoor/outdoor flow to the fabulous flat backyard.

Backing onto the town belt, you'll enjoy beautiful bird songs and immediate access to some wonderful bush walks. Incredibly tranquil, its hard to believe the city is so close!

Downstairs also has an open plan kitchen and spacious lounge, two bedrooms, bathroom and like the upstairs flat, it includes a car park and faces west for good afternoon sun.

Explore the area


School catchments

  • St Mark's Church School (Mt Victoria) Full primary Years 1-8 Private 0.48km
  • Clyde Quay School Full primary Years 1-8 State 0.52km
  • Mt Cook School (Wellington) Full primary Years 1-8 State 0.77km
  • Kilbirnie School Primary Years 1-6 State 1.1km
  • Hataitai School Full primary Years 1-8 State 1.2km

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.


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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