Te Aro, Wellington City

bedrooms 2
bathrooms 2
|Apartment
AUD $457,503
NZD $550,000
Published on: 08 Jul 2026
Last updated on: 04 Aug 2026
Te Aro, Wellington City
Te Aro, Wellington City
Te Aro, Wellington City
+13
Te Aro, Wellington City
  • 13
Property ID: 380066122643
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9% GROSS YIELD - STRONG RENTAL RETURNS

Te Aro, Wellington City
Investors - This One Delivers!Secure dual income, flexible living, and a proven rental history with this high-performing Dual-Key opportunity in the heart of the City.Apartments 903 & 903a at 111 Dixon Street offer the best of both worlds: A sun-soaked West-facing 1-bedroom apartmentAn East-facing studio capturing the morning light Positioned on Level 9 above neighbouring buildings, both apartments enjoy excellent natural light, sunshine, and an elevated outlook away from the bustle below.Returning a combined $50,440 per annum, the current tenancies comprise: 903 (1 Bed): $550pw - fixed term until April 2027903a (Studio): $420pw - periodic tenancy At the current price guide, there’s potential for an approximate 9% gross yield.Completed in 2019, these modern apartments combine industrial-inspired design with practical, low-maintenance living: Concrete feature walls and contemporary finishesFully self-contained layouts with separate kitchens, bathrooms, and laundriesDouble glazing for warmth and quietJuliet balconies for airflow and fresh airClever Murphy bed included in the studioBody Corporate Fees: $8,169.64 per annum Continuously tenanted since completion, this sought-after location appeals to investors, city professionals, parents seeking accommodation for university-aged children, or buyers wanting to live in one and rent the other.Viewings are available by private appointment only.Contact Tia and Courtney today.Offer are invited upwards of $550,000.**Information displayed under Trade Me’s property details section may be sourced from third-party records and council data. Lowe & Co Realty and its agents do not guarantee or warrant its accuracy. Purchasers should verify all details independently and are advised to seek independent advice.**^Source of information: Property Guru, Nexus, Wellington City Council (non-verified).

Property Details

Basic Info

Property Type
Apartment
Building Size
71.00 m2
Rooms
2 bedroom(s), 2 bathroom(s)
Address
Te Aro, Wellington City
Contact Agent
Courtney Cooper
Courtney Cooper
ANDCO Realty Ltd (Licensed: REAA 2008) - Lowe & Co Realty
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Courtney Cooper
Courtney Cooper
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      Property ID: 380066122643

      Original Property ID: 42992209
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