HOME & INCOME or INVESTMENT - RV $445,000 | Tender

34 Pelorous Street, Paparangi

  • Bedrooms6
  • Bathrooms2
  • Living Areas2

Bathed in the afternoon sun until late, offering a nice green outlook, this low maintenance home & income or investment property offers versatility plus! With two 3-bedroom apartments, each with parking and outdoor areas, and both enjoying wonderful sun, you can choose to live in one and rent the other, or rent them both and hold as a long term investment.

Situated at the end of a quiet cul-de-sac, close to services and within an easy commute to the city, this modern and well presented property will appeal to first home buyers and investors alike.

- 3 bedrooms (one generous double and two smaller rooms ideal for kids/guests/office)
- Open plan kitchen/living flowing to a low maintenance courtyard plus deck
- Family bathroom
- Separate guest WC and large laundry cupboard off the hallway
- Brand new carpet
- Single car space at the door
- Currently vacant and available to move in straight away

- 3 bedrooms
- Open plan kitchen/living
- Low maintenance courtyard
- Single car space at the door
- Currently under-rented for $380pw

At current interest rates, the rent from downstairs will easily pay the interest on a mortgage of $350,000 (or more) which makes the upstairs home very affordable.

For Sale by TENDER (no offers prior):
- Closes 1:00pm, Thursday 19 October
- At Lowe&Co, 8 Kent Tce, Wellington

This property is super tidy and ready to move in or rent out straight away. Come check it out and get ready to make your offer!


34 Pelorous Street, Paparangi


Closes 1.00pm, 19 October at 8 Kent Terrace, Wellington


RV $445,000

Listing ID



Home and Income

Floor Area

172 m² approx

Land Area

1049 m² approx