163 Coutts Street, Rongotai, Wellington, Wellington

There's no denying this is a rare opportunity. Set on a prominent corner site with mixed-use residential and commercial zoning, this property boasts Rongotai's best fish and chip shop as a long-term tenant, a large renovated four-bedroom character home with a sleepout, and approved resource consent for two additional dwellings.

The options here are many. A home buyer may focus on the spacious four-bedroom bungalow (plus sleepout), recently renovated and sitting on a full-sized section, with the added bonus of rental income from the shop to help ease the mortgage.

A savvy long-term investor will appreciate the total rental return and explore the future potential. A developer will spot the corner site, prime street frontage, and see the opportunity to start fresh.

Opportunities like this don't come up often. Don't miss your chance, see you at this weekend's open home!

• Mixed-use residential and commercial zoning
• Prominent corner site
• Four-bedroom character home plus sleepout
• Resource consent approved for two additional dwellings
• Home & Income opportunity