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Colliers Wellington - Commercial Consultants Limited Trading, (Licensed: REAA 2008)

467 - 501 High Street, Lower Hutt

Deadline sale by 26 Nov

Listing Description

Listed: Fri, 24 Oct

Inner City Development Opportunity

467 - 501 High Street, Lower Hutt, Wellington

To be sold by deadline sale (by 26 Nov)

Details

  •   2869m² Land
AttributeValue
Property use
Development site
Agency reference
NZL67037018

Description

An exceptional opportunity to secure a substantial mixed-use development site in the heart of Lower Hutt’s thriving CBD fringe. This rare offering comprises four individually titled properties with a combined land area of 2,869sqm, boasting an impressive 85-metre street frontage and flexible Central Commercial zoning.   This site is ideally positioned to benefit from Lower Hutt’s ongoing urban renewal and infrastructure upgrades. With proximity to public transport, State Highway 2, supermarkets, and the core CBD, the location supports a wide range of uses—from destination retail and automotive to comprehensive mixed-use residential and commercial development.   The site can be purchased as a whole or in parts, so whether you are looking for a large-scale site with an expansive street frontage, or something a bit smaller that benefits from drive through capability, the options are here for you.   For more information or to arrange an inspection contact:   Ben Taylor on 022 375 5786 or ben.taylor@colliers.com   Tim Julian on 021 488 029 or tim.julian@colliers.com     *Please note all areas and values are approximate only.

Features:

  • 4 titles – can be purchased individually or together
  • 85m street frontage
  • Short term holding income of $240,637.35 net + GST
  • Short-term leases that allow flexibility for development
  • Flexible zoning

More information: https://www.colliers.co.nz/p-NZL67037018


Property Files

Ben Taylor

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Colliers Wellington - Commercial Consultants Limited Trading, (Licensed: REAA 2008)

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