45 Central Terrace, Kelburn, Wellington

If you thought living at a prestigious Kelburn address was out of your reach, then it's time you took a look at this home-and-income because it just might be your way in. Live in the spacious three bedroom (plus sunroom, loft office and potential 4th bedroom in the sleepout) home above, and with the two-bedroom flat below (currently rented at $550 per week) you could potentially cover a bonus $350,000 on your mortgage (at an average of 7% interest rate per annum) - so talk to your mortgage adviser now!

The main house was designed by Chapman Taylor in a unique villa-style, so has a high stud, spacious and airy living rooms and great flow within the house and out to the gardens. The three bedrooms are all doubles and each has a special extra - the primary is luxuriously large with an ensuite, the second has a superb adjacent sunroom/reading room and the third steps through to a small study or dressing room. A clever use of the expansive loft space for an office ensures those who work from home, have teen gamers or just need extra storage are taken care of. The kitchen has an industrial aesthetic and a super-sized kitchen island, perfect for the kids to perch at for homework or informal meals.

As well as all these great features, there's a standalone studio, single garage on road reserve, and it's in zone for Wellington's top schools as well as being an easy walk to Victoria University.

Our owner's children have now left home so grab this chance to get into Central Terrace and book a viewing - builder's report and LIM will be available.