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123 Glenmore Street, Kelburn, Wellington City

Name: Open Home - 12:00pm - 12:30pm
Start: 2026-02-14T23:00:00.000Z
End: 2026-02-14T23:30:00.000Z
Location: 123 Glenmore Street

For Sale by Deadline Private Treaty

8

3

1

258m²

406m²

Blue chip Kelburn investment opportunity

123 Glenmore Street, found in a prized position just up from the Wellington Botanical Gardens and with an elevated west facing outlook for exceptional hours of sun. The property offers a wealth of opportunity to explore; either start or add to your investment portfolio, remodel completely and/or look to unlock further potential value by creating an additional dwelling(s) upon the property’s car garage location.

Currently configured as three separate Healthy Homes compliant residential tenancies. Each on their own floor that have always been kept well maintained to ensure peace of mind while providing quality housing for reliable tenants.

123A found on the uppermost floor, comprising a large open plan one bedroom studio loft with own bathroom, kitchen and private deck space.

123B five bedrooms found within the middle floor with large, open plan living and kitchen area that opens up to a private courtyard and wrap-around west-facing deck space.

123C two bedrooms with large, open plan kitchen and living area plus access to west-facing terrace space.

Previously rented for $2,480 per week in 2024. Now in a ‘soft rental’ market, and including rental income received from the car garage, total current weekly rental received is $2,225 per week (residential tenancies fixed until early 2027 while the car garage is under a periodic rental arrangement).

Improvements over the years include:

-2025 replacement of external stair treads to 123B

-2024 interior repaint and re-carpet of 123A and 123C and hallway of 123B

-2020 new bathroom & kitchen insitu plus 5th bedroom added to 123B

-2015 retaining wall and drainage at rear of property (Code of Compliance Certificate issued)

-2010 loft conversion for 123A (code of Compliance Certificate issued)

-1999 substantial works undertaken including the property being completely rewired, replumbed and partially re-piled

For sale by way of Deadline Sale closing at 2:00 pm on Wednesday the 4th of March 2026 (if not sold prior).

To receive the property information pack (including Builders’ and LIM Report) please make contact with the agent.

Additional details

Type

House

Property ID

3309653

Listed on

10/02/2026

Updated

2 days ago

Open Homes3

Sun, 15 Feb

12:00PM - 12:30PM

Sun, 22 Feb

12:00PM - 12:30PM

Sun, 1 Mar

12:00PM - 12:30PM

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 4 days (last updated on 10 February) and was last sold in 1997 for $295,000. OneRoof now estimates this property to be $1,155,000 and its latest rating valuation by Wellington City council is $1,290,000 as of 2024. This property has appeared in 1174 searches in the last 30 days. There are 9 8-bedroom properties for sale nearby. There are 18 properties for sale in Kelburn.

Property data

Time On OneRoof

3 days

Type of title

Freehold

Floor area

258m²

Land area

406m²

About the area

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Time (yrs)

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Kelburn, Wellington City

Kelburn is a suburb which lies within the Territorial Authority of Wellington, one of 52 residential suburbs which form the wider region. Kelburn is the 20th largest suburb of Wellington in terms of the total number of residential housing stock. Kelburn provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1910 - 1919. Residential housing stock in Kelburn is made up of approximately 80% residential housing and 20% residential investment housing properties.

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