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Two Homes- Invest or Home + Rental Income

Just Paterson Real Estate Ltd MREINZ, (Licensed: REAA 2008)

Listed 24 Jun

70-72 Waihemo Street, Waitangirua, Porirua, Wellington

Enquiries over $695,000

Bed6+
Bath2
Parking4
Land area751m²
Floor area220m²

Details

6+ bedrooms
2 bathrooms
4 off street parks
House
Property interior
Property interior

Two Homes- Invest or Home + Rental Income

A rare opportunity to secure two adjoining three-bedroom flats on generous sections, offering flexibility, income potential, and family-friendly living in a convenient location.

Whether you're an investor seeking a Healthy Homes compliant addition to your portfolio, a family looking to accommodate extended relatives, or a buyer wanting to live in one home while renting the other to help pay down the mortgage faster, this versatile property offers options to suit a range of lifestyles and goals.

Positioned on a sunny, elevated site with skyline views, both homes provide comfortable living with three double bedrooms, one bathroom, separate laundry facilities, and plenty of outdoor space. Large sections and ample off-street parking add to the practicality, while nearby schools, parks, supermarket and playgrounds make everyday living easy.

Stand out features:

  • Two adjoining three-bedroom flats (built in the 1960's)
  • Previous combined rent of $1,100 per week (above 7.5% Gross Yield!)
  • Live in one and rent the other
  • Healthy Homes compliant and a heatpump in each flat
  • Sunny, elevated position with skyline views
  • Large sections with plenty of outdoor space and storage sheds
  • Ample off-street parking
  • Separate laundry in each home
  • Walking distance to schools, parks, and playgrounds
  • Ideal for investors, extended families, or home-and-income buyers
  • All bedrooms are doubles and also have in-built storage

Buyer enquiry over $695,000

Agent updates

Agent

Last open home 11.00am - 12.00pm this Sunday (July 12th) before deadline on Thursday next week. Properties were getting $550 per week in rent, amazing gross yield opoortunity. Healthy homes compliant, come take a look. - Wed, 8 Jul

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70-72 Waihemo Street has been viewed 3,608 times since it was first listed on 24 June. There are 123 people keeping an eye on it.

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70-72 Waihemo Street, Waitangirua, Porirua, Wellington

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There are currently no open home times scheduled, please reach out to the agent to find a time.

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