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2 Commerce Crescent, Waitangirua

Asking price $790,000 + GST (if any)

Listing Description

Listed: Fri, 16 Feb

Development Site with Holding Income

2 Commerce Crescent, Waitangirua, Porirua, Wellington

Asking price $790,000 + GST (if any)

Details

  •   250m² Floor
  •   1573m² Land
AttributeValue
Property use
Industrial
Capital value (CV)
$1,190,000
Agency reference
ISELL20040

Description

Here is your opportunity to secure 1,573m2 of land on a corner site in Porirua.

This property will be sold "As is, Where Is" due to the nature of the 7 residential units that have a "Notice to fix" from Porirua City Council and are currently empty.

The price is right and my vendor is willing to sell at land value only of $810,000 + GST (if any)

The commercial space is leased to a very popular local food supplier on a month by month lease and provides holding income while you develop your plans.

My vendors circumstances has changed but they will share their concept drawings for 18 x 2 bedroom residential units that you could pick up and develop further (subject to Council approval).

2 Commerce Crescent, Waitangirua is ready for a new owner with vision to make this desirable corner site come to life.

Viewing is by appointment only so contact the sole Agent today for more information.


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Agent's details

Peter Ambrose

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Enquire about the property

iSellProperty, (Licensed: REAA 2008)

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