FIRST HOME FILLED WITH CHARACTER & INCOME

Listed 1 Sep
62 Severn Street, Island Bay, Wellington, Wellington
Enquiries over $765,000
Details
- Floor Area
- 200m²
- Land area
- 370m²
- Parking
- 1x Off Street
- Broadband
- ADSL, Cable, Fibre, Satellite, VDSL, Wireless
- Capital value (CV)
- $870,000


FIRST HOME FILLED WITH CHARACTER & INCOME
Well located with plenty of charming character. An ideal first home with an income stream below. Currently configured with a sizable two bedrooms and study space upstairs and a well presented self-contained one bedroom home below. Perfect for first home buyers looking to subsidise the mortgage or extended families wanting to live close together. Features of this home and income include:
- A light, bright open plan, kitchen dining space upstairs with doors out onto the sunny patio
- Large separate lounge with stunning Carrara ceiling and bay window taking in the view
- Two good sized double bedrooms plus separate nursery or ideal home office space
- Indoor/outdoor flow to the west facing patio and established garden with productive greenhouse
- A modernised tiled family bathroom with bath. Large separate laundry room
- Downstairs boasts a self-contained home with large double bedroom
- A good-sized open plan kitchen and living area
- Modernised kitchen with good storage space
- Modernised bathroom
- Well maintained inside and outside with light, bright, neutral colour tones
- Allocated off street car park
A well-proportioned home in a great location will income appeal. Secure it as a first home, home for extended family or investment opportunity. Enjoy an easy stroll to popular Island Bay beach, coffee hot spots, cafes, desirable schools, cinema and public transport links into the CBD.
A Vendors Builders Report and LIM report are available after inspection.
Contact Chris or Will today to organise a private viewing!

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Local Schools
- ISLAND BAY SCHOOLThames StreetRoll: 347
- WELLINGTON HIGH SCHOOL AND COM ED CENTRETaranaki StreetRoll: 1652
- WELLINGTON EAST GIRLS' COLLEGEAustin StreetRoll: 996
- ST ORAN'S COLLEGE550 High StreetRoll: 502
- HUTT INTERNATIONAL BOYS' SCHOOLGranville StreetRoll: 652
- OWHIRO BAY KINDERGARTEN96 Happy Valley RoadRoll: 54
- OWHIRO BAY SCHOOLHappy Valley RoadRoll: 89
- ISLAND BAY PLAYCENTRE158 The ParadeRoll: 36
- ST FRANCIS DE SALES SCHOOL (IS BAY)11 Mersey StreetRoll: 199
- CURIOUS MINDS EARLY LEARNING ISLAND BAY112 The ParadeRoll: 87
- ISLAND BAY KINDERGARTEN100 Melbourne RoadRoll: 60
- CAPITAL MONTESSORI SCHOOL14 Camrose GroveRoll: 50
- HOUGHTON VALLEY SCHOOL110 Houghton Bay RoadRoll: 200
- BERHAMPORE SCHOOL105 Britomart StreetRoll: 273
- SOUTH WELLINGTON INTERMEDIATE30 Waripori StreetRoll: 340
- TE KURA O TAWATAWA - RIDGWAY SCHOOLMornington RoadRoll: 223
- ST CATHERINES COLLEGE (KILBIRNIE)14 Upper Bourke StreetRoll: 206
- ST PATRICK'S SCHOOL (KILBIRNIE)5 Childers TerraceRoll: 126
- ST ANNES SCHOOL (NEWTOWN)14 Daniell StreetRoll: 221
- RONGOTAI COLLEGECoutts StreetRoll: 701
- ST PATRICK'S COLLEGE (KILBIRNIE)581 Evans Bay ParadeRoll: 722
- WELLINGTON COLLEGEDufferin StreetRoll: 1934
- SCOTS COLLEGE1 Monorgan RoadRoll: 1161
Location info
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SundaySun
10:00am - 10:30am
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Property insights
HomesEstimate
- Updated
- October 15, 2026
- Estimated value
- $800K - $940K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- September 1, 2024
- Capital value
- $870,000
- Land value
- $495,000
- Improvement value
- $375,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 800K - 940K
- Suburb median
- Island Bay: 1.04M




