


Listing Description
Secure Income + Development Upside
Whole Building/233 Victoria Street, Te Aro, Wellington, Wellington
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Parking | 23 |
| Agency reference | MCPROP_131196 |
Description
Situated on the corner of Victoria Street and Abel Smith Street, this two-storey property presents a rare opportunity combining secure rental income with significant redevelopment potential.
The ground floor is leased to Liquorland until 30 June 2030, while four residential apartments occupy the upper level, accessed via Abel Smith Street. The 1,397 sqm site is zoned City Centre, supporting building heights of up to 42.5 metres.
With high-profile exposure to Victoria Street traffic, convenient access to State Highway 1 and 23 on-site carparks, the property has a proven retail history exceeding 20 years.
This site is ideal for investors, owner-occupiers, or developers seeking a premium Wellington location with future growth potential.
- Prime corner site
- Two-storey property with secure income
- Ground floor leased to Liquorland
- Four residential apartments
Property Files
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