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51 Endeavour Street, Lyall Bay, Wellington City

Name: Open Home - 10:30am - 11:00am
Start: 2026-09-19T22:30:00.000Z
End: 2026-09-19T23:00:00.000Z
Location: 51 Endeavour Street

Enquiries over $795,000

2

80m²

273m²

YOUR FIRST HOME WITH $22,000 OF INCOME!

The clever option, life's not cheap! Live in one, rent the other, and let the rent help pay the mortgage and bills!

Behind one address are two separate 40sqm one-bedroom homes, cleverly divided by a central wall to create two self-contained spaces. Add two off-street parking spaces, a sunny and surprisingly spacious backyard, and you have a property that offers something a little different from the usual first home option.

One home is currently rented for $425 per week ($22,000 a year), giving you an immediate income stream while you live in the other.

Property features include:

• 80sqm total floor area.

• Two separate 40sqm one-bedroom homes.

• $425 per week current rental income.

• Approximately $22,000 annual income.

• Two off-street car parks.

• Ceiling and underfloor insulation.

• Sunny, spacious backyard.

• Sheltered from the prevailing winds.

• A smart option for first-home buyers wanting a helping hand with the mortgage.

Whether you're looking to get onto the property ladder, live in one and rent the other, or buy with a friend and each have your own space, there are plenty of ways to make this one work.

If you know Lyall Bay, you'll know why people love it.

You're close to the surf, beach, cafes, restaurants and the everyday buzz of one of Wellington's most popular coastal communities. Grab a coffee, head down for a surf, walk the beach or meet friends for dinner, much of what makes Lyall Bay special is right on your doorstep. It's relaxed, social and genuinely easy to live in, with the city still only a short drive away.

Two homes, one title, $22,000 of income, a great backyard, two parks and Lyall Bay on your doorstep.

If you're looking for a first home that can help pay its own way, 51 Endeavour Street deserves a very close look.

Tender closes 12pm Wednesday 7th October 2026 at Tommy's Real Estate Limited, 209 Victoria Street, Te Aro, Wellington. (Vendor reserves the right to sell prior)

Additional details

Type

Home & Income

Property ID

L42555687

Listed on

14/09/2026

Updated

yesterday

Open Homes1

Sun, 20 Sep

10:30AM - 11:00AM

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OneRoof mentions

Listed for sale on OneRoof for 3 days (last updated on 14 September) and was last sold in 2003 for $300,000. OneRoof now estimates this property to be $775,000 and its latest rating valuation by Wellington City council is $880,000 as of 2024. There are 8 2-bedroom properties for sale nearby. There are 12 properties for sale in Lyall Bay.

Property data

On OneRoof

2 days

Property Type

Home & Income

Floor Area

80m²

Land Area

273m²

About the area

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Time (yrs)

5 yrs

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Lyall Bay, Wellington City

Lyall Bay is a suburb which lies within the Territorial Authority of Wellington, one of 52 residential suburbs which form the wider region. Lyall Bay is the 21st largest suburb of Wellington in terms of the total number of residential housing stock. Lyall Bay provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1910 - 1919. Residential housing stock in Lyall Bay is made up of approximately 89% residential housing and 11% residential investment housing properties.

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