4 Melrose Road

UNLOCK THE POTENTIAL! | BEO $825,000

What could this home be worth after a little elbow grease in a recovered market? That's the question savvy buyers will be asking " and the opportunity here makes it one well worth exploring. Positioned on a generous 515sqm^ north-facing section with expansive yard space front and back, this 124sqm^ home is clearly ready for cosmetic enhancement. Kitchen and bathroom upgrades are required, but for those prepared to roll up their sleeves, the upside is compelling.

Whether you're a first-home buyer seeking an entry into Island Bay, a renovator looking to add value, or an investor eyeing long-term potential, this is an opportunity not to overlook.

- North-facing aspect providing excellent natural light
- Flexible 124sqm^ layout " four bedrooms (three doubles, one single) or three bedrooms plus two living areas
- Generous 515sqm^ section with expansive backyard and additional front yard space
- Established fruit trees and room to landscape, enhance or redesign the layout as a whole
- Kitchen and bathroom ready for upgrading " clear scope to modernise and add value
- Well-suited to first-home buyers, renovators, flippers and investors
- Single garage for secure parking and storage
- Popular Island Bay location, close to village amenities, public transport, schools and the coastline

Homes with this level of sun, section size and clear value-add potential are increasingly rare in Island Bay. If you can see beyond the current presentation and recognise the future opportunity, make sure you attend the open home or contact us to arrange a private viewing " this is one you'll want to assess in person.

Tender closes 2pm, Thursday 19th March 2026 at 8 Kent Terrace, Wellington (will not be sold prior)

**(^Source of information: Property Guru, Nexus, Wellington City Council (non-verified))**