9 Edge Hill Mount Victoria, Wellington City

Yes, Mt Victoria and the Courtney Place end too. Definitely a prime location with corner influence. A short, lazy stroll out to all Wellington City has to offer including its great restaurants, cafes, entertainment, the Chaffers Dock supermarket and waterfront.

Though there is a lot of work to do, the options are certainly open. Currently configured with four bedrooms, two bathrooms with combined living/dining and separate kitchen.

HOME & INCOME

Has potential to be reverted back to Home and Income subject to regulatory compliance. In former times this property was a Home and Income and still has two meters, two kitchens & two bathrooms.

RE-DEVELOP

This property would potentially make an ideal site for a boutique development of three beautiful townhouses subject to local body consents. New townhouses in sought after Mt Victoria are extremely desirable in this current market. Keep one and sell the others to your friends.

The cost reduction and potential of gross realisation is improved by:

• less retaining required than most other sites - potentially only two sides need retaining
• no site wastage as driveway not required on site with access directly to road
• no loss of space on site due to vehicle manoeuvring
• potentially excavation of this site allows for increased building volume compared to sites without double frontage and flat contour

Opportunities like this, especially in Mt Vic are a rarity. So get through the open homes advertised or call the listing agent Kate Foot to view early and get your due diligence done before this is snapped up!

Floor area: 139m2 more or less (taken from third party Property Guru)
Land area: 250 m2 more or less (taken from title)
Rates: $5,026.03 (1Jul 20 - 30 June 21)

Closed Tender (No Selling Prior)
Closes 12pm, 9 December 2020 at Level 1, 77 Thorndon Quay, Wgtn.