Lyallbay

Opportunities like this are exceptionally rare. Set on a single title in tightly held Mt Cook, this unique investment package comprises three stand-alone two-flat villas delivering six separate income streams and producing an impressive $2,919 per week (over $150,000pa). With strong existing returns, diversification across multiple tenancies, and several potential value-add pathways, this is the type of asset sophisticated investors, family trusts, and portfolio builders actively seek but seldom find. • Rare investment holding comprising three stand-alone two-flat villas on one title • Six separate income streams providing diversification and reduced vacancy risk • Strong existing cashflow of $2,919 per week (~$152,000pa) • 72 & 74 Tasman Street configuration: each property comprises a 3-bedroom flat plus a 2-bedroom flat to the rear • 76 Tasman Street configuration: one 2-bedroom flat with a 1-bedroom flat at the rear • Multiple ways to unlock further value including subdividing and selling as individual home & income properties • Potential development opportunity now or in the future (buyers to complete their own due diligence) • Ideal for long-term hold with strong rental income and capital growth potential • Prime Mt Cook location within walking distance to the CBD, Massey University, Wellington Hospital, and city amenities tenants love • High tenant demand area known for consistent rental performance • RV $2,220,000 - Rates $14,852.85pa • Offers Invited Upwards From $1,745,000 For sale by TENDER: - Closing 1pm Thursday 16 April 2026 - At Lowe&Co Realty, 8 Kent Tce, Wellington - The vendors will not consider offers prior to the deadline A versatile, high-yield opportunity in one of Wellington's most sought-after rental suburbs. Whether you're expanding a portfolio, securing a blue-chip landholding, or exploring future development and exit strategies, opportunities of this scale and flexibility are seldom available"make sure you're at the Sunday viewing so you don't miss it.