49 Upland Road Kelburn, Wellington City

Occupying prime position on Upland Road, this grand potential packed villa simply needs to be on the must see list of families looking to create their dream home, parents looking for accommodation for their kids, and investors looking for a solid city fringe investment with multiple income streams!

Gorgeous character features abound, from the stained glass windows and high ceilings to the rustic native Matai floorboards, as well as bay windows throughout and a gorgeous west facing sunroom.

Sitting on a sizeable 412sqm section, another bonus of this property is the lovely private terraced backyard, well positioned to take in fantastic afternoon sun and with ample space to create your dream garden.

Offering a spacious 230sqm floor area and a versatile floor plan, the property has options. The property has been rented out as two units in the past, at $720 and $700 per week respectively, meaning a yield of $73,840 per annum has been achieved in the past. Come and have a look and decide how you would best like to utilise the property.

While there is absolutely some work to be done, you are off to a great start with it having recently been partially recarpeted, repainted, replumbed, and with the kitchen refreshed downstairs plus more (full list available on request).

More features of this lovely property include:

• Blue Chip central Kelburn location only minutes walk away from the village and the cable car
• West facing aspect to capture year round natural sunlight
• Existing tenancy in place to provide instant return
• Zoned for Wellington College and Wellington Girls.

While the property has been a wonderful investment and home for our vendors children while at university, the time has come to pass it down to the next family.

For sale by Tender closing 11th September at 1pm. 77 Thorndon Quay.

Get in touch to schedule your private viewing or see you at the open home.