4-8 Oxford Terrace, Mt Cook, Wellington

Time for the next chapter

Known as Arden House this basement plus 3 level building is ready for its next stage in the property life cycle. Do you refurbish the current office space or re-purpose it as residential accommodation?

The basement provides secure car parking, on the ground floor there is office or showroom plus a drive-in warehouse/workshop. Level 1 occupies just half the available land area.

Level 2 is full width of the property with an out door area adjoining the boundary to Government House to the east.

The building has been assessed at 54% NBS. The vendors have had schemes developed to convert the property to residential apartments adding 3 floors.

There is a holding income of approximately $100,000 whilst your formulate your plans.

To obtain a full information pack on the property, including all Supplementary Documents please register your interest here: http://www.propertyfiles.co.nz/property/3251997