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Situated on Fairlie Terrace in the sought-after suburb of Kelburn, this unique development opportunity features two older-style character villas, offering a combined land area of 657sqm (more or less). The properties are available for sale individually or as a pair.
Originally designed as charming residences over two levels, providing four-five bedroom accommodation, these properties have most recently been used as office spaces by the Victoria University of Wellington.
The flat sections offer rare ease of development in Wellington, making them ideal for full renovation to restore their residential appeal or for complete redevelopment to maximize the land’s potential. With its proximity to Victoria University of Wellington, this location is particularly well-suited for student accommodation or boutique residential projects.
This property offers flexibility: renovate the existing villas to create high-demand accommodation, or clear the site for new development in one of Wellington’s most desirable locations. The strategic positioning near the university and the city ensures strong demand for both rental and ownership options.
73 Fairlie Terrace
• Land - 341sqm (more or less)
• Floor Area - 170sqm (approximately) (4-bedroom)
75 Fairlie Terrace
• Land - 316sqm (more or less)
• Floor Area - 162sqm (approximately) (4-bedroom)