Tommy's Real Estate Wellington City
Real Estate Services
- Listing #:
- L39864754
- Listed:
- 4 days ago
Tender (unless sold prior)
ISLAND BAY INVESTMENT OPPORTUNITY
1-3/15 Dover Street, Island Bay, WellingtonOther
-
- 6 Bedrooms
-
- 3 Bathrooms
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- 2 Offstreet Car Parks
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- 198m2 Floor Area
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- 317m2 Land Area
About this property
This three flat property comes to the market for the first time in 10 years after being held in the same family as an easily managed passive investment and strategic asset.Configured as three x 2 bedroom flats of generous proportions, they reflect their period of construction and the type of materials popular at the time. Purpose built as an investment property, they now offer an opportunity to upgrade and be refurbished to fully realise their potential.
Whilst comfortable to live in currently, they will certainly be a property which responds significantly to a revamp to maximise your return on investment.
Located at the city end of Island Bay opposite Wakefield Park and just a few minutes to the villages of both island Bay and Berhampore, they are just a very short walk to the bus stop, parks, town-belt and South Coast walks. As an investment, they will be attractive rental options for those looking for a quiet and comfortable home in a convenient location.
So whether you are an investor looking for an opportunity to add value or wish to live in one and rent the other two to help with the mortgage, this property is definitely worth a look.
Tender closes 12pm Thursday 9th April 2026 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)
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