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Kilbirnie

2-4 Onepu and 66-70 Rongotai Roads, Kilbirnie, Wellington

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1,317sqmĀ Floor area
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Rare development site - Kilbirnie Wellington


This north facing corner site is ripe for development. Located in the heart of Kilbirnie this property has real potential for fast food, retail or apartments.

With generous height allowance there is potential for up to 5 levels - a scheme plan shows ground floor retail with 32 apartments above.

Excellent holding income of $139,360 pa gross from residential tenancies.

ā€¢Corner site
ā€¢Four titles
ā€¢Development potential
ā€¢Holding income

To obtain a full information pack on the property, including all Supplementary Documents please register your interest here: http://www.propertyfiles.co.nz/property/3252256

Tender

15
May

Time4pm
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Grant Young

Grant Young


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Sherlock

Mark Sherlock


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Corner site


High profile sunny site of 1,317sqm with 2 main street frontages

Development options


Apartments, retail, fast food or a combination. Height allowance up to 18m

Four titles


Currently 4 titles each with residential building which could be relocated

Holding income


There are 6 residential tenancies returning $139,360 pa gross