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MC Property Group, (Licensed: REAA 2008)

88 Riddiford Street, Newtown

Price by negotiation

Listing Description

Listed: Fri, 9 Aug

Prime location, Proven returns

88 Riddiford Street, Newtown, Wellington, Wellington

Details

  •   1320m² Floor
  •   861m² Land
AttributeValue
Property use
Retail
Viewing instructions
By appointment
Parking
10 onsite
Property ID#
IUF254
Agency reference
68881

Description

Commanding a prime corner in Newtown opposite Wellington Hospital, this unit-titled property combines both commercial and residential spaces under single ownership, creating a unique investment prospect. The property is available to purchase in one line or on individual unit titles both commercial and residential.

The ground floor is fully occupied by various hospitality and dining establishments, which provide a steady income stream. The upper floors of the three-level layout have been thoughtfully transformed into high-standard apartments comprising nine one-bedroom, three two-bedroom, and one three-bedroom.

Complementing its structure are ten on-site parking spaces and a spacious storage facility, completing the 861 sqm parcel. Future growth is supported by plans for an apartment development at the rear, with detailed proposals and property information available upon request.


Property Files

Sam McIlroy

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MC Property Group, (Licensed: REAA 2008)

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