Tommy's Real Estate Wellington City
Real Estate Services
- Listing #:
- L33562856
- Listed:
- 3 days ago
Enquiries over $895,000
ARO VALLEY EARNER + POTENTIAL DEVELOPMENT SITE
1 & 2/1 Entrance Street, Aro Valley, WellingtonOther
-
- 6 Bedrooms
-
- 2 Bathrooms
-
- 1 Offstreet Car Park
-
- 130m2 Floor Area
-
- 271m2 Land Area
About this property
Options abound for this two flat property situated in Entrance street at the top of the Aro Valley. It enjoys a very green outlook and all the convenience of a 'walk- to- town' city property.Configured as a two bedroom flat on the bottom level and a four bedroom flat above and held by the present owner for over 31 years, it has been a very productive asset. The property has a well documented maintenance history underlining the care it has been given. The property exudes character and charm and it's city fringe location, in close proximity to Victoria and Massey universities and access to sought-after schools means it will offer a great opportunity for parents looking to provide a good environment for their student children whilst yielding an income to offset their accommodation costs.
The property has two off-street car parks and paved outdoor areas for each flat. Local amenities include walking and cycle tracks virtually at the door and just a short walk to the vibrant Aro village with its cafes, boutique shops and the convenience of several mini supermarkets. Situated on the well serviced public transport route with the bus stop 30 seconds away "handy to everything" comes to mind. With a rental history of virtually continuous occupancy, this must be attractive to investors, parents looking to house their studying children or home and income seekers looking to offset the mortgage.
The site also has potential, under current planning, for three, two bedroom town-houses, all catching the sun on this north facing site. Sketch plans illustrate this opportunity. If you are looking for such an opportunity, this property is a must to see.
Contact Wayne & Ed to view today.
Tender closes 3pm Tuesday 03rd March 2026 at Tommy;s Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)
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