89 Nottingham Street, Karori, Wellington, Wellington

This beautiful home and income property is on the market to sell. Please contact us to make an appointment to view. Builders Report and LIM Report are available upon request.

Positioned on one of Karori's most loved city-end streets, this charming home & income property delivers character, everyday practicality and a real income opportunity.

The main house offers three bedrooms, a renovated kitchen with a pretty dining nook and French doors opening to a private, sanctuary-like garden. A separate living room flows to a sunlit porch. The one bedroom, self-contained flat (89A Nottingham Street) comes with its own access, private courtyard and an independent rental appraisal of $400-$450 per week. A predictable, supplementary income stream you can include in your affordability sums.

Thoughtful extras include large garden shed, attic storage and off-street parking.

The garden is lush and low-maintenance by design: layered, established planting that's designed to be left to itself, plus an established seasonal vegetable bed for those who wish to use it.

Schools, shops, buses and walking tracks are all a short stroll away, and the property is zoned for Wellington's preferred colleges.

Keep the studio for family use, or rent it out immediately to help service the mortgage. The rental appraisal on file and official "2 units of use" make this straightforward to model.

The rental assessment of $400-$450 per week could potentially service a mortgage between 200 and 250k.