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Tender21/03, Friday 12:00

3/4 Derby Street, Mount Victoria, Wellington

2
1
60m2
UnitListed on Wed Mar 5

Mount Victoria 2 Bedroom MOUNT VICTORIA WITHIN YOUR REACH!

** Offers invited upwards of $390,000**

First home buyers and investors will recognize the enormous potential here. After being a reliable rental property for decades, this unit on Derby Street is just waiting for some freshening up to add value and create a cool city pad.

Just a short walk to town, and with public transport options close by, the location here is hard to beat. Situated in the picturesque Scarborough Terrace block, with the wonderful town belt behind you and the city laid out in front of you, a car isn't necessary, but if you have one, the off street car park is like gold in this popular area.

With two double bedrooms, open plan living and dining, plus compact kitchen and bathroom/laundry combined, with some fresh paint, new carpet and cosmetic upgrades in other areas, this 60sqm (source Property Guru) unit is one of 11, with an a body corporate levy of $1,575 per quarter

Tender closes 12pm, Friday 21st March 2025 at 8 Kent Terrace, Wellington (will not be sold prior)

Location

Open homes

Mar13
Thursday14:00 - 14:30
Mar16
Sunday13:00 - 13:30
Mar18
Tuesday15:00 - 15:30

Council Data

Last update : 2025 03 12
Improvement value$195,000Increased by 11% from year 2021
Land value$195,000Reduced by -22% from year 2021
CV(Year 2024 Month 09)$390,000Reduced by -8% from year 2021
View typeNo appreciable view
ContourLevel
Floor area60m²
Decade of construction1975
TitleWN14A/267
Type of titleUnit Title
Legal descriptionUNIT GC AU3 UP 42740
CouncilWellington
Estate descriptionSTFH,1/1,UNIT GC AND ACCESSORY UNIT 3 DEPOSITED PLAN 42740
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wellington East Girls' College
0.28 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 413
8
Clyde Quay School
0.50 km
Primary
1-8
Government
Co-Educational
EQI: 372
10
Wellington College
0.59 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 379
10
Wellington High School and Com Ed Centre
1.01 km
Secondary
9-15
Government
Co-Educational
EQI: 406
9
St Oran's College
15.20 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 378
10

Property history

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Surrounding facilities

Derby Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7 Porritt Ave, Mount Victoria
0.15 km
3
1
131m2
Year 2025 Month 03 Day 04
-
Council approved
0.18 km
2
1
52m2
Year 2024 Month 12 Day 05
$685,000
Council approved
0.15 km
5
173m2
Year 2024 Month 12 Day 01
$1,286,500
Council approved
31 & 31A Scarborough Terrace, Mount Victoria
0.04 km
5
2
-m2
Year 2024 Month 10 Day 08
-
Council approved
9/4 Queen Street, Mount Victoria
0.32 km
2
1
60m2
Year 2024 Month 09 Day 26
$590,000
Council approved

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Ref:LOWE7063Last update:2025-03-11 16:26:19