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146 Randwick Road, Moera, Lower Hutt City

By Negotiation

5

2

225m²

907m²

MULTI GENERATIONAL LIVING

This unique property on Randwick Road offers an outstanding home and income or investment opportunity with not just one, but two separate homes on a generous 907sqm flat section.

Get together with 2 or 3 friends or family members, split the deposit 3 ways, rent out both dwellings and sit back while your land value increases and a high percentage of the mortgage is paid with the rental income, if not all.

Front House – Classic Charm

At the front, you’ll find a 1930s two-bedroom home, full of character and potential, with new carpet throughout. The welcoming front porch and sunny yard set the tone, with easy drive-on access adding convenience. The living area features a classic bay window, a heat pump for year-round comfort, and adjoins a second living area. Roll up your sleeves and transform this cottage into an absolute delight.

Back House –Versatile Living

Privately positioned at the rear, the larger three-bedroom home is ideal for families. It boasts a spacious lounge, a bright and airy kitchen, and a flexible dining room that can give you plenty of living options. A heat pump ensures comfort in the cooler months, and the fully

fenced backyard offers plenty of space with room for kids, pets and a trampoline. A separate single garage and additional off-street parking complete the package. Currently tenanted for 20 years to the same tenant who would be happy to stay.

Outdoor Space & Location

With 907sqm of land, there’s ample room for gardens, outdoor entertaining, or further development potential. Located in a convenient spot, you’re just a few minutes’ drive from Petone and Lower Hutt CBD. Local shops, schools, parks and facilities are all within a short stroll.

Two Homes, Endless Possibilities

Whether you’re looking to live in one and rent the other, accommodate extended family, or maximise the rental potential of both dwellings, this rare dual-home offering is must-see. The versatility and value here are simply unmatched and it is a rare opportunity to secure land and future earnings.

*Source of information: Property Guru, Nexus, Lower Hutt City Council (non-verified)

Additional details

Type

House

Property ID

CK01275

Listed on

06/06/2025

Updated

28/11/2025

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 187 days (last updated on 6 June). OneRoof now estimates this property to be $905,000 and its latest rating valuation by Lower Hutt City council is $1,200,000 as of 2022. This property has appeared in 2202 searches in the last 30 days. There are 6 properties for sale in Moera.

Property data

Broadband available

Floor area

225m²

Land area

907m²

Type of title

Freehold

About the area

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Time (yrs)

5 yrs

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Moera, Lower Hutt City

Moera is a suburb which lies within the Territorial Authority of Lower Hutt, one of 38 residential suburbs which form the wider region. Moera is the 21st largest suburb of Lower Hutt in terms of the total number of residential housing stock. Moera 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 1920 - 1929. Residential housing stock in Moera is made up of approximately 96% residential housing and 4% residential investment housing properties.

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