261 Coutts Street, Rongotai, Wellington

Renovate or detonate

Bite sized but packed to the rafters with upside!

This is a value-packed opportunity anyone seeking a project with real upside in the heart of Rongotai.

This part one-storey, part two-storey building with a basement offers holding income of $50,104pa net +GST from three separate tenancies: a ground floor workshop, first-floor offices, and a third tenant occupying rear offices and two large garages.

Its current condition points to it being a compelling opportunity to renovate or redevelop and unlock its full potential.

Virtually adjacent to Wellington Airport and with flexible zoning it will suit a wide variety of future uses.

Unlock the potential of this strategic site and add significant value in a tightly held, high-demand precinct.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/261couttsstreet

• Outstanding location
• Bite sized property
• Fully leased on monthly terms
• Potential net rental $69,548pa +GST