1-3/15 Dover Street, Island Bay
34715435
ISLAND BAY INVESTMENT OPPORTUNITY
This three flat property comes to the market for the first time in 10 years after being held in the same family as an easily managed passive investment and strategic asset.
Configured as three x 2 bedroom flats of generous proportions, they reflect their period of construction and the type of materials popular at the time. Purpose built as an investment property, they now offer an opportunity to upgrade and be refurbished to fully realise their potential.
Whilst comfortable to live in currently, they will certainly be a property which responds significantly to a revamp to maximise your return on investment.
Located at the city end of Island Bay opposite Wakefield Park and just a few minutes to the villages of both island Bay and Berhampore, they are just a very short walk to the bus stop, parks, town-belt and South Coast walks. As an investment, they will be attractive rental options for those looking for a quiet and comfortable home in a convenient location.
So whether you are an investor looking for an opportunity to add value or wish to live in one and rent the other two to help with the mortgage, this property is definitely worth a look.
Tender closes 12pm Thursday 9th April 2026 at Tommy’s Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)
Property Information
More Residential listings in Wellington
DREAM BIG, BUILD BIG - 1214sqm Section
Great Value in the Heart of the City
H O M E W O O D - B O U N D
EASY, SOUTH COAST LIVING!
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.