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Listed 3 months ago

ID#456464

506-508A Broadway,

Strathmore Park

Wellington East
PBN
0
0
Approx
320
1,043
*320 = 3,443 sq.ft. 1,043 = 11,223 sq.ft.
proudly marketed by
Lisa Durrant
Team Wellington NAI
Lisa
027 474 0679
Message Me

Rare Opportunity For Future Development

Never before offered for sale together, these three separate titles provide astute purchasers a rare opportunity to gain complete ownership of this unit-titled property.
This prime site in the busy suburban Strathmore village has holding income from five excellent tenancies, including a national franchise. There is separate drive-on access from side road to rear of the flat 1043m2 site.
The building has a city council seismic assessment deeming it earthquake prone, with strengthening/redevelopment due by 2032.
Features include:
Flat 1043 sqm land area
Approx 320 sqm floor area
Five tenancies with holding net income of approx $103,000
Separate rear access from Glamis Ave
Popular suburban village in high traffic area
Don't miss this chance - contact Lisa today for further information.

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Agent

Lisa Durrant

Team Wellington NAI

Licensed Real Estate Salesperson (REA 2008), Member of the REINZ

Lisa Durrant has been involved in property for more than 25 years, so knows what it means to be a buyer, a seller, property investor and developer both in the city and rural areas. This experience is backed by many years working for award-winning newspapers writing and editing features, including lifestyle and property publications. She has also owned her own communications business and, along with her late husband, a number of well-known Wellington restaurants. Since relocating back to her home town of Wellington six years ago, Lisa has enjoyed a successful career in real estate residential sales. Last year saw her move to the commercial arena, which includes both sales and leasing, followed by her appointment to manage the Wellington commercial division of NAI Harcourts.

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This property was photographed by

David Garratt

Wellington Central/North

Listed 3 months ago

ID#456464

506-508A Broadway,

Strathmore Park

Wellington East
PBN
proudly marketed by
Lisa Durrant
Team Wellington NAI
Lisa
027 474 0679
Message Me

Leave a message for David Garratt

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