


Listing Description
NGAIO - PREMIUM INVESTMENT LOCATION
1/3 Ngaio Gorge Road, Ngaio, Wellington, Wellington
Details
| Attribute | Value |
|---|---|
| Property type | Unit |
| Agency reference | RX4939781 |
| Broadband in the area |
Description
** BUYER ENQUIRY OVER $895,000 **
Positioned on the fringe of sought-after Ngaio, 1/3 Ngaio Gorge Road offers a unique opportunity with its "Home and Income" configuration, and long-term flexibility just minutes from the city. This home offers versatile options for the astute investor or use as a family Home.
Upper Level
The upper level is configured for comfortable family living, with four well-proportioned bedrooms, generous living spaces, and elevated outlooks that capture excellent natural light. Currently leased at $900 per week to February 2027.
Lower Level
Downstairs, a spacious one-bedroom apartment provides further flexibility - ideal for extended family, guests, home-and-income living, or continued rental return. Currently leased at $350 per week to February 2027.
2 carports + 2 off street parks ensures practical off-street parking, while the thoughtful layout provides separation without compromising connection - appealing equally to investors and owner-occupiers seeking adaptable space.
Located within easy reach of transport, schools, village amenities, and just a short drive to the CBD, this is a compelling opportunity to secure a well-located property in one of Wellington’s most consistently popular suburbs, close to Wellington.
Property details:
- 160 m2^ floor area
- WCC Rates $6,077 per annum. Building Insurance $5975 per annum.
- Sheltered from both northerly and southerly winds
- Northwest-facing for strong sun
- Builder’s Report and WCC LIM available on request
For further information or to request the property pack, contact Harry on 021 777 806.
^Source of information: Property Guru, Nexus, Wellington City Council (non-verified).
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Local Schools
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