Lowe & Co Realty

Lowe & Co Realty was formed with one goal in mind: to focus on delivering the best possible price for people selling their homes. We believe this is achieved by having the right people and the right culture. Our core values are strategy, teamwork, training, technology, collaboration, and fun.

When you choose Lowe & Co, you don’t just get one agent; you get an entire team working tirelessly to achieve the best possible result. We were previously the highest performing salespeople for Wellington's largest real estate agency. You can call any one of us and know that you are getting the best. We work full time, with all types of property, and together we have over 40 years of local experience.

When real estate is paramount, get us in, compare us against the competition, and see why our process is way out in front. You can expect an intense focus on getting the very best price for your home.

Lowe & Co Realty. Behold the difference.

Real Estate Agents

Lowe & Co Realty
Lowe & Co Realty
8 Kent Terrace
Mount Victoria
Wellington 6011
Listing #:
RX4888107
Listed:
14 days ago

Tender

UNLOCK THE POTENTIAL! | BEO $825,000

4 Melrose Road, Island Bay, Wellington
Residential House
bedroom
4 Bedrooms
bathroom
1 Bathroom
livingroom
1 Living Room
carparkgarage
1 Car Garage
floorarea
124m2 Floor Area
landarea
515m2 Land Area
About this property
What could this home be worth after a little elbow grease in a recovered market? That's the question savvy buyers will be asking — and the opportunity here makes it one well worth exploring. Positioned on a generous 515sqm^ north-facing section with expansive yard space front and back, this 124sqm^ home is clearly ready for cosmetic enhancement. Kitchen and bathroom upgrades are required, but for those prepared to roll up their sleeves, the upside is compelling.

Whether you're a first-home buyer seeking an entry into Island Bay, a renovator looking to add value, or an investor eyeing long-term potential, this is an opportunity not to overlook.

- North-facing aspect providing excellent natural light
- Flexible 124sqm^ layout — four bedrooms (three doubles, one single) or three bedrooms plus two living areas
- Generous 515sqm^ section with expansive backyard and additional front yard space
- Established fruit trees and room to landscape, enhance or redesign the layout as a whole
- Kitchen and bathroom ready for upgrading — clear scope to modernise and add value
- Well-suited to first-home buyers, renovators, flippers and investors
- Single garage for secure parking and storage
- Popular Island Bay location, close to village amenities, public transport, schools and the coastline

Homes with this level of sun, section size and clear value-add potential are increasingly rare in Island Bay. If you can see beyond the current presentation and recognise the future opportunity, make sure you attend the open home or contact us to arrange a private viewing — this is one you'll want to assess in person.

Tender closes 2pm, Thursday 19th March 2026 at 8 Kent Terrace, Wellington (will not be sold prior)

**(^Source of information: Property Guru, Nexus, Wellington City Council (non-verified))**
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