


Listing Description
Prime location, Proven returns
88 Riddiford Street, Newtown, Wellington, Wellington
Details
| Attribute | Value |
|---|---|
| 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
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