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ID#607161
61 Heke Street,
Ngaio
Wellington North
Tender
3
3
160m²
(1,722.22 sq.ft.)
1,131m²
(12,173.97 sq.ft.)
proudly marketed by
First Time in 40 Years - Nest, Invest or Develop
Offers invited over: $850,000
Held and carefully maintained for four decades, this is a rare chance to secure a versatile, income-generating property in sought-after Ngaio. Set on a substantial 1,131sqm site, this well-presented block of three one-bedroom flats offers immediate returns with future upside, whether you're looking to invest, develop, or occupy while earning.
• First time on the market in 40 years - tightly held and well maintained
• Three self-contained one-bedroom flats, each with their own bathroom and separate living room
• Flexible configuration with the top unit currently vacant - ideal for owner-occupiers or full tenancy
• Consistent rental appeal with easy-to-manage layouts
• Generous 1,131sqm section offering potential for future development (subject to due diligence)
• Sunny aspect providing a light-filled, comfortable living environment
• Off-street parking available for tenants
• Located in popular Ngaio, with easy access to key transport routes and the highway for convenient commuting
This is an excellent fit for investors seeking reliable income, developers looking for land potential, or buyers wanting to live in one and rent the rest. Opportunities like this are seldom available in such a tightly held location.
Potential rental income of $1,220 per week when all three units tenanted.
NB: With respecting our tenants quiet enjoyment viewings are limited to our scheduled open homes. Information Pack available upon viewing.
Tender sale closes 2pm, Wednesday 20th May 2026 at 8 Kent Terrace, Wellington (will not be sold prior).
Source of information: Property Guru, Nexus, Wellington City Council (non-verified).
Location
Agents
Lance Williams
Lowe & Co Realty
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Born and bred in Wellington. Lance calls Lyall Bay home but his love for Wellington and Real Estate in the ‘Coolest Capital Of The World’ runs deep.
After more than a decade as one of Ray White’s top-performing agents, Lance made a bold move to Lowe & Co. It wasn’t about change for the sake of change — it was about alignment. A Wellington-based, Wellington-owned company that truly understands the city and its people. It was the right fit, and the right move, for both Lance and his clients.
Widely regarded as one of Wellington’s leading real estate agents, Lance brings experience, strategy, and calm confidence to every sale. When you choose Lance to sell your home, you can be certain you are in safe, capable hands — from the first conversation to the final result.
His tagline, “Taking ‘CARE’ of Business,” is more than a nod to his love of Elvis — it’s a promise. CARE defines how Lance operates. He understands that selling your home is one of the biggest financial and emotional decisions you’ll ever make. That’s why he treats every transaction with respect, focus, and genuine commitment, always going above and beyond to achieve the very best outcome for his clients.
If you’re thinking of selling, don’t leave it to chance.
Choose the agent who cares.
Choose the agent who delivers.
Contact Lance today and get the conversation moving.
read moreSonya Jivan
Lowe & Co Realty
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
A lifetime resident of Wellington, Sonya has an in-depth understanding of the local property market, supported by strong insight into market education and trends. Calling the stunning South Coast home in the “coolest little capital in the world,” she considers herself fortunate to live and work in such a vibrant and beautiful city - because you really can’t beat Wellington on a good day.
With a background in Psychology and over 15 years’ sales experience, Sonya brings a well-rounded and strategic approach to real estate. Her hands-on knowledge of new home builds, property renovations, and a genuine passion for interior design, home styling, and landscaping allow her to provide valuable, practical advice when preparing a property for sale.
Known for her high energy, efficiency, and enthusiasm, Sonya combines exceptional organisational skills with a keen eye for detail to consistently deliver outstanding results for her clients.
Contact Sonya today to discuss your real estate aspirations - you’ll be in capable and committed hands.
read moreThis property was photographed by
Grant Down
Media Specialist
Wellington
ID#607161
61 Heke Street,
Ngaio
Wellington North
Tender
proudly marketed by