Petone
Lower Hutt

ID#417824
Listed about 1 year ago
Agency Listing Number: WL10384
Tender
SOLD
Virtual Tours
Video
Walkthrough
Floorplans
Previous Image
Next Image
Please scroll to view panorama
Image 1Image 2Image 3Image 4Image 5Image 6Image 7Image 8Image 9Image 10Image 11Image 12Image 13Image 14Image 15Loading...
View Fullscreen
16
Total Images for this property

Property Details

Location:
Lower Hutt
Wellington

Building
Land
Built In
N/A Approx 1,298 m²
(0.32 Acres, 0.13 Ha)

Outstanding Development Potential - Investment with Income

First time ever marketed as a total package and owned by vendors for over 40 years, this is high-profile real estate located in the main retail and commercial area of Petone. It occupies what is undoubtably a very desirable parcel of land, including seven shops, eight flats, plus a two-bedroom cottage, workshop and two-bedroom flat.
Current commercial income: $171,237 PA (excl GST)
Current residential income $117,000 PA.
The income stream from leasing and renting will be a definite advantage to any purchaser considering short or long-term re-development plans.
Petone is currently undergoing both a residential apartment, retail and commercial growth phase, as a consequence large well-positioned parcels of land are difficult to obtain. Total combined land area: 1,298 square metres more or less.
143-153 Jackson Street: WN58A/220 Fee Simple 610m2 more or less, RV $1,830,000
155-159 Jackson Street: WN58A/221 Fee Simple 450m2 more or less, RV $1,150,000
46 Nelson Street: WN58A/222 Fee Simple 288m2 more or less, RV $500,000

Tender Details

Location: Harcourts, Wellington City Office, 54-56 Cambridge Terrace, Wellington
Time: Thursday 5th July - 12.00pm (will not be sold prior)

Sales Consultants

Lisa Durrant


Team Wellington NAI
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: 04 803 1728
A/H Phone: 027 474 0679
Mobile: 027 474 0679
Email: Loading...

Buyers Tools

O2V Tools

Properties by this agent

    Loading...

Real Estate Photography by

David Garratt
david.garratt@open2view.com
0274374351
View Portfolio
Back to Top

Email