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40 Holloway Road,
Aro Valley
Wellington Central
Affordable Aro Opportunity with City Fringe Potential
Whether you're stepping onto the ladder or seeking a smart investment, this characterful home on the edge of the city delivers rare value in one of Wellington's most walkable and vibrant neighbourhoods. Elevated above the road with a generous north facing deck, it offers flexible living, strong rental appeal, and future upside.
- Three double bedrooms
- Generous living room with leafy outlooks, flowing to the north facing deck through French doors
- Separate second living room - or fourth bedroom for extra income potential
- Separate kitchen - perfectly functional but would respond well to an upgrade
- Elevated north-facing deck, ideal for morning coffee or afternoon unwinding
- Two heat pumps and a freshly painted interior for immediate comfort
- Brilliant city fringe location - stroll to Aro Street's legendary cafes, bakery, brewery and superette
- Easy walk to Victoria University's Kelburn campus - a top spot for student or academic rentals
- Functional bathroom and separate WC, with big scope to renovate and add value
- Fantastic long-term rental history, most recently earning $890 per week
- RV $690,000
- Rates $5,722.21pa
- LIM and builders report available after viewing
For Sale by Tender - BEO $649,000:
Tender Closing 1pm, Wednesday 4 February 2026 at 8 Kent Terrace, Wellington (The owners will not consider offers prior to the deadline)
A proven performer for the past 16 years, this freehold gem now awaits a new chapter. First-home buyers, parents of students, or savvy investors - this could be the one you've been waiting for. Don't miss the Sunday viewing.
Location
Agent
Adam Cockburn
Lowe & Co Realty
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Hi, my name is Adam.
I love Wellington real estate! I caught the bug after reading a Dolf De Roos book in 1998, and bought my first property in Adam's Terrace, Aro Valley, just before I headed off to London for a number of years. I kept buying property, mainly in London and Auckland, whilst living in the UK, returned back to Wellington in 2005, and have been selling Wellington real estate since 2007. Having started out in sales during the biggest recession since the 1930s, this means that I have had to develop good habits from the start, to make sure I deliver the best service, and achieve the best results, for my clients when they want to sell their Wellington real estate.
I have lived in many different neighbourhoods, including Wadestown, Kelburn, Ngaio, Thorndon, Highbury, Rongotai, Miramar and Seatoun. Wellington is a great city and we should be proud of it. It is vibrant and alive, it is the cultural and coffee capital of the country, it is beautiful whilst also being an easy city to live in, due to it's compact nature.
So if you are looking to buy or sell Wellington real estate, give me a call. I will follow up every lead and turn over every stone, to make sure we achieve the best results possible together.
I look forward to working with you.
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