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Home and Income for Sale

11 Mt Pleasant Road Aro Valley, Wellington City

Tender closing 12 March 2026 at 1pmTender Sale
  • 3 Beds
  • 3 Baths

Tender details

  • Tender Sale
    12March1:00pm
    1:00pm

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11 Mt Pleasant Road, Aro Valley, Wellington City

Home and Income for Sale in Aro Valley

Smart Investment

  • 3 Beds
  • 3 Baths
Listed By:
Ray White KaroriLeaders Real Estate Karori Limited Licensed (REAA 2008)

This outstanding three-flat property is simply one of the best investment opportunities we've seen.

Perched on the sunny side of Aro Valley, with a peaceful green outlook, yet steps from the buzz of the city, is this superb three flat property.

Meticulously maintained and showcasing a new roof and gorgeous exterior paint job, it has been a sound rental property, attracting long standing, excellent tenants, and full occupancy throughout the year.

The three separate flats, each on their own level, are all Healthy Homes' compliant, with good heating, insulation and ventilation in place. Each dwelling has its own private access, bathroom, kitchen, laundry and living area. They are north facing with sun, lovely natural light, tranquil views, and neutral colour scheme throughout.

The top flat is a larger 1 bedroom rented for $500/week with a new bathroom

The middle 1 bedroom flat is rented for $425/week with new carpet

The bottom flat is a studio rented for $330/week

Returning $1,255 per week, all tenants have recently renewed 12 month fixed term tenancies until Feb 2027.

This is a rare and versatile opportunity - ideal for astute investors wanting to grow their portfolio. With low interest rates and property remaining a tangible, trusted asset, the long-term confidence in this investment is clear.

Features:
  • Electric Hot Water
  • Otherheating
  • Heat Pump
  • Standard Kitchen
  • Combined Dining/Kitchen
  • Separate Bathroom/s
  • Combined Lounge/Dining
  • Electric Stove
  • Very Good Interior Condition
  • No Garaging or Carport
  • Concrete Base
  • Color Steel Roof
  • Weatherboard Exterior
  • Excellent Exterior Condition
  • Northerly Aspect
  • Bush Views
  • Urban Views
  • City Views
  • City Sewage
  • Town Water
  • Street Frontage
  • Below Ground
  • Shops Nearby
  • Public Transport Nearby

See all features

Chattels:
  • Stove
  • Light Fittings
  • Blinds
  • Curtains
  • Fixed Floor Coverings
  • Cooktop Oven
  • Extractor Fan
  • Rangehood

See all chattels

Property ID:

KOR30765

Building:

120m²

Land:

374m² / 0.09 acres

Bedrooms:

3

Bathrooms:

3

Listed By:
Ray White KaroriLeaders Real Estate Karori Limited Licensed (REAA 2008)
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