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Two Flats, One Big Opportunity

Tommy's Real Estate Limited, (Licensed: REAA 2008)

Listed 19 Jun

40 Austin Street, Mount Victoria, Wellington, Wellington

Enquiries over $1,295,000

Bed4
Bath2
Land area344m²
Floor area160m²

Details

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

Two Flats, One Big Opportunity

This property is in one of Mount Victoria's most desirable pockets, positioned on the sunny North-West side of Austin Street. Currently configured as two spacious two-bedroom homes, with off-street parking and one of the largest, flattest backyards you'll find in the area. The property offers immediate income potential alongside clear scope to add value, develop further or build that dream home.

The fundamentals here are strong: location, access, parking and sun. This is a property with real upside for those ready to make the most of it.

Further details include:

  • Exceptionally large, flat backyard (rare for this location)
  • North-west aspect delivering excellent sun
  • Quiet and peaceful position
  • Two well-proportioned 2-bedroom flats
  • Currently rented $1,200pw
  • Off-street parking
  • Potential appeal to developers, renovators, and investors
  • High-density residential Zoning

Enjoy a location that's hard to beat. You're moments from some of Wellington's best local favourites, including Tomboy, Koji, Ortega and Capitol. Oriental Bay and the waterfront are within easy reach. Mount Victoria offers a vibrant yet relaxed lifestyle, with walking tracks, green belt, great schools, restaurants, cinemas, cafes and the office all a short walk away.

If you'd like a lift to view this property or want more information, contact Sam Newble or Ben Ryan today.

Tender closes 2pm Wednesday 15th July 2026 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)

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40 Austin Street has been viewed 4,553 times since it was first listed on 19 June. There are 135 people keeping an eye on it.

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40 Austin Street, Mount Victoria, Wellington, Wellington

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Open home times

14 Jul

TuesdayTue

3:00pm - 3:30pm

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viewing

14 Jul

TuesdayTue

3:00pm - 3:30pm

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