The time is right in Newtown

243, Riddiford Street, Newtown, Wellington

Tender

Proposed Usage
Industrial
Floor Area
640.00 m²
Land Area
354.00 m²
Description:
Property ID
1c76kjx

Newtown is without doubt one of the tightest held suburbs in Wellington and seldom do any commercial properties come to the market, let alone standalone freehold ones like this. Located at the southern end of Riddiford Street, very close to Wakefield Hospital, it screams potential to redevelop. Our vendor has invested in plans and seismic assessment which will get you off to a running start. The Centres zoning works for the location with demand for commercial on the ground level and potential for residential or offices above. A good land area of just over 350sqm and a 18 metre height limit gives you plenty of options. RV $850,000

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/243RiddifordStreet

•A rare find in Newtown - a standalone freehold property
•Light industrial building, ready for its next chapter
•354sqm of land with a 12 metre height limit

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Newtown Area