Available PropertyFiles:

/1. Information Memorandum/
- Upland Road, 34_Information Memorandum BEO.pdf
/10. Tender Contract/
- FINAL Tender Contract_34 Upland Road 18.5.26.pdf
/2. Floor plans/
- Floor plans _ Part 1.pdf
- Floor plans _ Part 2.pdf
/3. Insurance/
- Insurance Claim 2017_34B Upland Rd.pdf
- Insurance Cover.pdf
/4. LIM Report/
- LIM SR 567186 - 34 Upland Road Kelburn.pdf
/5. Seismic Information/
- 34E Seismic Work 2025.pdf
- As Built 2013.pdf
- As Built Plans_34E Upland Rd.pdf
/6. Healthy Homes Assessments/
- Healthy Homes Assessment_Wallcork-Upland-Limited HH Report for 34D, july 2025.pdf
- Healthy Homes Standard Compliance certificate_34 Upland Rd.pdf
- Healthy Homes Standard Compliance certificate_34A Upland Rd.pdf
- Healthy Homes Standard Compliance certificate_34B Upland Rd.pdf
- Healthy Homes Standard Compliance certificate_34C Upland Rd.pdf
- Healthy Homes Standard Compliance certificate_34E Upland Rd.pdf
- Healthy Homes Standard Compliance certificate_34E(1) Upland Rd.pdf
/7. Tenancy Agreements/
- Tenancy Agreement_34 Upland Road.pdf
- Tenancy Agreement_34A Upland Road.pdf
- Tenancy Agreement_34B Upland Road.pdf
- Tenancy Agreement_34C Upland Road.pdf
- Tenancy Agreement_34D Upland Road.pdf
- Tenancy Agreement_34E Upland Road.pdf
/8. Title & other documents/
- WCC encroachment licence.pdf
- WN526_35_Title_Search_Copy.pdf
/8. Title/
- WN526_35_Title_Search_Copy.pdf
/9. Building Reports/
- BWoF.pdf
- Building Report_34 Top Flat.pdf
- Building Report_34A Upland Road.pdf
- Building Report_34B Upland Road.pdf
- Building Report_34C Upland Road.pdf
- Building Report_34D Upland Road.pdf
- Building Report_34E Upland Road_.pdf

Property Description

With a strong cashflow of over $213,000 per annum and future upside potential, 34 Upland Road presents a compelling opportunity to secure a fully leased rental investment in one of Wellington's most tightly held rental locations.

Comprising six self-contained flats with 18 established tenancies, the property is positioned just two minutes from Victoria University of Wellington, the Wellington Cable Car and the Wellington CBD, this property supports strong and consistent tenant demand and proven occupancy.

Substantial investment has been made throughout the property to ensure the property is up to date with repairs and requirement maintenance. With a recent revaluation of the properties GV at $2,800,000 the current vendors are ready to pass on the solid and consistent income onto the next astute investor or consider a home and income package.

The property is now available for sale with a Buyer Enquiry Over $2,450,000 (including GST)

Investment Highlights
• Fully leased residential investment all with fixed term tenancies.
• Six units | 18 tenancies
• Gross income $213,460 per annum.
• Seismically upgraded 2013-2025
• Healthy Homes compliant
• Prime Wellington location

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.

Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

Contact Fraser Press

Capital Commercial (2013) Limited, Bayleys,

Licensed REAA 2008

+64 4 499 6022 +64 21 328 138 fraser.press@bayleys.co.nz All Listings

Contact Rob Duncan