Dual occupancy · Tawa, Wellington
Wellington backyard transformed into three rental income streams
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- Type
- Dual occupancy
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What happened on this one
A Wellington property owner created two rental dwellings on unused backyard land without subdividing the title, turning rental income from one stream into three. Smartway Builders managed the project end-to-end from feasibility assessment, design through construction, delivering it under a fixed-price contract.
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Sources: a builder published price is a contract price the builder chose to make public and the platform does not guarantee it. An owner reported price comes from the owner and the platform has not checked it. A declared cost is the estimate an applicant lodged with government and is not a contract price. The three are measured differently, so they cannot be compared directly.