5 & 6/59 Cambridge Terrace, Te Aro
35047250
Flexible Opportunity - Buy One or Buy Both
Apartments 5 and 6 For Sale.
A unique versatile opportunity to secure one or two well presented apartments in a highly convenient inner city location. Suitable for investors, owner occupiers, or those wanting to live in one apartment and rent the other for extra income.
The building is red stickered yet fully tenanted – full information pack available. Bank loans will not be possible on these apartments. There is currently insurance on the building via the body corporate.
Both apartments are well presented, are in good condition for tenants, and offer flexible use options.
Apartment 6/59 (160m2) – Spacious New York Loft Style – buyer enquiry welcome from $150,000
A character-filled apartment offering generous space and flexibility.
• Two bedrooms plus a large study or potential third bedroom
• Huge open plan living area with polished wooden floors and plenty of natural light
• Bar style kitchen, ideal for entertaining
• Ensuite bathroom plus main bathroom
• Dedicated private entrance
This apartment would suit an owner occupier seeking space and style, while also appealing to professional or executive tenants. The location is superb with all local amenities on your doorstep.
Apartment 5/59 (50m2) – Tidy, Income Producing Apartment – buyer enquiry welcome from $100,000
A very tidy low maintenance one bedroom apartment with established rental income.
• Currently tenanted at $420 per week
• Tenant keen to remain
• Well maintained and in good condition
• Ideal as a rental, or to offset costs while living next door
Purchase Options
• Buy one or buy both
• Owner occupy one and rent the other, or invest in both
• A flexible option suited to a range of buyers
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Opportunities offering multiple use options, existing income, and a central location are increasingly rare. Remember the building is red stickered. Call us today to arrange a private viewing.
Tender closes 12pm Wednesday 8th July 2026 at Tommy’s Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)
Property Information
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Disclaimer
The information presented on this page has been prepared, or is based on information supplied, by the property owner or their legal representative. Whilst all reasonable effort is made to ensure the information accessible on this page is current, we do not perform any independent verification in respect of, and we give no warranty as to, the accuracy or completeness of the data and information accessible on or through this page. Information that has been supplied by the vendor or their agents, Tommy’s Real Estate Limited is merely passing over this information as supplied to us and, to the maximum extent permitted by law, we do not accept any responsibility to any party for the accuracy or use of the document or information herein. You should make your own enquiries and we encourage you to seek your own legal advice before acting on the basis of the provided data and information.