Listed: Wed, 25 Feb

RC Approved: 7 Townhouses in Central Johnsonville

10 Stephen Street, Johnsonville, Wellington, Wellington

Asking price $1,050,000

4 Beds
2 Baths
150m² Floor
1029m² Land

Other Features

2 Garage parking
2 Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$1,120,000
Agency reference	JHV31781
Broadband in the area	Fibre, ADSL, Cable, Satellite, VDSL, Wireless

Stop scrolling and start building. If you've been looking for a development project that skips the "will they, won't they" drama of the local council, this is your winning ticket.

Located in the heart of Johnsonville, this 1029m2 of near-flat land is a developer's dream. We've done the heavy lifting, the Resource Consent is already secured for 7 modern townhouses, meaning you can bypass the red tape and break ground when you're ready.

THE BONUS: IMMEDIATE HOLDING INCOME

While you finalise your build schedule and contractors, enjoy the security of a steady cash flow.

Currently on-site: A spacious 4-bedroom home.

Current Rent: $650 per week.

This is the ultimate "safety net" to help offset holding costs while you prepare for construction.

THE PROJECT AT A GLANCE:

THE LAND: 1029m2 of premium, near-flat topography (a rare find in Wellington!).

THE CONSENT: Pre-approved for 7 townhouses.

THE LAYOUT: Each unit features 2 bedrooms, the "sweet spot" for first-home buyers and investors.

THE BONUS: All 7 units come with OFF-STREET PARKING, a massive competitive advantage in today's market.

LOCATION, LIFESTYLE, CONVENIENCE:

Stephen Street offers that perfect "walk-to-everything" convenience that buyers crave. You're not just building houses; you're selling a lifestyle connected to:

TRANSPORT: Minutes away from the Johnsonville train station and bus hubs for an easy CBD commute.

AMENITIES: A short stroll to the Johnsonville Shopping Centre, supermarkets, and local cafes.

EDUCATION: Zoned for popular local schools, making these units highly attractive to small families.

WHY THIS IS A WINNING COMBO:

In a market where timing is everything, having a "shovel-ready" project is gold. Whether you're looking to keep your crew busy or want a high-yield investment to add to your portfolio, this Stephen Street site removes the uncertainty and replaces it with a clear path to profit.

The hard work is done. The income is flowing. The vision is set. The only thing missing is you.

Please note that all interior and exterior photos of this property are outdated and do not reflect its current condition. For the most up-to-date visual representation, please refer to the drone images.

Open home times

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Property Files

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Local Schools

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