Ad ID: 69759

Land Development for Sale/Lease Newtown Wellington

Enquire about this "Land Development for Sale/Lease Newtown Wellington" property on nzcommercial

Land / Development - Vacant Possession

Wellington City
Deadline Private Treaty
Area (m2):

Commercial Property for Sale/Lease Description

Land Development for Sale/Lease Newtown Wellington

CBRE New Zealand is proud to offer for sale by Deadline Private Treaty, 117 Riddiford Street, Newtown, Wellington.

This offering presents a rare opportunity for an add-value investor or owner occupier to acquire a vacant, well-located stand-alone property in a sought after location.

The property occupies a 387sqm (approx.) freehold site with 420sqm (approx.) of gross floor area and has a seismic status of 34% NBS (New Building Standard).

Newtown is approximately four kilometres south of central Wellington and is bound by the suburbs of Te Aro and Mount Victoria to the north, Mount Cook and Vogeltown to the west and Berhampore to the south. Newtown is one of the oldest residential suburbs in Wellington, being established at the turn of the last century.

Property Highlights:
* 387sqm freehold land
* 420sqm gross floor area
* Adjoins Newtown School
* High profile location
* 12 metre height limit
* Main arterial route
* Desirable location
* Centre zoning
* Rare opportunity

CBRE strongly recommends your early consideration of this outstanding owner occupier or add-value opportunity and encourages interested parties to get in touch without delay.

117 Riddiford Street, Newtown, Wellington is for sale by Deadline Private Treaty, closing 11 April 2018 at 4pm.

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CBRE Ltd - Wellington
For more info

Rick Stace

021 338 465 or 04 474 9849
Phone: Rick Stace or 04 474 9849
CBRE - Wellington
Licensed REAA 2008
Broker Ref: 1407608Q1

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