3/27 Drummond Street Mount Cook, Wellington City

After 10 years of consistent returns, the owners have moved out of Wellington and issued clear instructions: Sell on auction day. This is a rare, high-leverage opportunity for those ready to act fast.

Positioned within walking and easy commutable distance to the CBD and both major Universities, this 87sqm, three bedroom apartment has provided the owners steady income over the years. With a decade of proven rental history, this can be a "set and forget" addition to your portfolio in a location where demand never dips.

For parents that want to stop paying for Halls of Residence, this is an opportunity to secure your child's future in a safe, controlled environment where flatmates can provide cost-neutral accommodation. This is a strategic move to beat the rising costs of student living.

A unique and genuine opportunity for first time buyers to stop renting and start building equity with the perfect entry-level blank canvas. Use the extra rooms for flatmate income to assist with your mortgage or create the ultimate work-from-home setup. With a little vision, there is clear potential to add value and grow your investment.

• 87sqm floorplan consisting of open-plan living with enclosed balcony.
• Three double bedrooms, all with natural light
• Walking distance to Universities, cafes, entertainment and supermarket
• Body Corp $13,792.32pa | Rates $4,218.46pa.
• The owners are committed out of the region and will not be holding this property.

For sale by auction on 2 April 2026, at 1/77 Thorndon Quay, Pipitea, Ray White Wellington City Office.