212/15 Holland Street, Te Aro, Wellington City, Wellington

212/15 Holland Street, Te Aro, Wellington City, Wellington | Tall Poppy

CASHFLOW CRACKER: $850 Potential weekly income

212/15 Holland Street, Te Aro, Wellington City

Bedrooms

3

Bathrooms

2

Floor area

76m2

Enquiries Over $490,000

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Updated 6 days ago

Open homes

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  • Sun 20 Sep 12:00 pm - 12:30 pm

Sunday

20

September

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About this property

Secure an immediate income stream with this high-yielding dual-key apartment at Monvie Apartments (15 Holland Street, Te Aro). This clever property combines a 2-bedroom apartment and a separate, fully self-contained studio on a single title. Perfect for students or city workers. Whether you are parents securing safe student accommodation for your children while having an income stream, or an investor, or a first home buyer looking for a rental side income, this property is for you.

The Financials

• Total Potential Income: $850 per week across both units.

• 2-Bedroom Unit: Currently rented at $500 per week until February 2027.

• Studio Unit: Vacant and ready for you to move in, or rent out immediately with an appraisal of $350 per week.

• One Body Corporate Fee: Pay only one set of rates and body corporate fees for two separate income streams.

The Layout & Location

• Unlike other dual-key setups, these two homes do not share a hallway. They offer total privacy for you or your tenants.

2-Bedroom Home: Features two double bedrooms, a full kitchen, and a private living area.

Studio Home: Features its own separate entrance, full kitchen, and independent bathroom.

• The Location: Tucked away on a quiet street with no through traffic, just steps from Tory Street, Courtenay Place eateries, and Moore Wilson's.

• Structural Peace of Mind: Built to 100% NBS (New Building Standard) for total confidence.Live in one and let the other pay your mortgage, or rent both out for a hands-off, high-return investment!

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Key selling points

  • Close to universities
  • very convenient for city office workers
  • 2-bed unit and seperate 1 bed studio
  • You're in the heart of the city here.
  • Double-glazed

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Including Council documents and titles if available.

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Additional property details

  • 76m2

In The Area

  • Nearest School

    Clifton Terrace Model 192m

  • Nearest Public Transport

    2 min walk to bus in Courtenay Place

  • Nearest Shops

    3 min walk to Moore Wilson's

  • Nearest Town

    Wellington

Value Details

  • Rateable Value

    $520,000

  • Land Value

    $180,000

  • Improvement Value

    $340,000

  • Rates

    $2,679.29 Council pa

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