


Listing Description
Stalled subdivision +big house. Finish & Profit
4/5 Westminster Road, Wainuiomata, Lower Hutt, Wellington
Asking price $750,000
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $680,000 |
Agency reference | LH9552 |
Broadband in the area |
Description
An opportunity to complete a planned (stalled) 5 new home subdivision, on over 1640m2 of land, or modify the consent to keep the big home, renovate it, and build 2 or 3 new homes.
This could be a great building project for a builder/building company through this slower market, and complete and sell the homes as the market improves.
The property consists of a large home, approximately 180m2, configured as two living spaces/homes/flats, in need of renovation, on over 1640m2 of land. One space in the big house is a 3 bedroom, 2 living, 2 bathroom home, and the other is a single bedroom, 1 bathroom home. Two separate kitchen areas. (Was two flats but there is door access between them).
Or demolish the existing home and complete the original subdivision plan and resource consent for 5 new homes.
(The Hutt City Council has communicated to say the consent can be modified to keep the existing home and add 3 new builds).
Nice looking neighbourhood.
Driveway and services have been completed to the boundary of the property.
Partial development fees have been paid.
Being sold as a going concern (zero rated for a GST registered buyer).
Buyer Enquiry Over $750,000 + GST if any.
Vendor is looking to sell quickly. Will consider all written offers.
For further information, call today or email for the subdivision documents.
Open home times
Property Files

Discover more about this property.
Request the files from John.
Map
Agent's details
