Listing #:1687310959

PRIME "AIRPORT PRECINCT" DEVELOPMENT SITE

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Location: 59 Kingsfords­mith St, Lyall Bay, Wellington­, Wellington
Property use: Developmen­t site
Floor area: 2,000m2
Land area: 2100m2
Viewing instructions: Call Nick Parkin 027-532616­3
Price: Asking price $7,900,000
Property ID#: CQP612
Parking: INSIDE
57 & 59 KINGSFORD SMITH STREET
*********** LYALL BAY BEACH ***********

So if you wanted the absolute best Location ..
What would you look for ??

* Unobstructed Views across Cook Straight ?
* Wellington Airport as your Neighbour ?
* Virtually no Airport Noise ?
* Mega Shopping Centre 100 metres away ?
* Golf Course just around the corner ?
* Uniquely Freehold with no Hooks ?
* Minutes to Central Wellington ?
* Proposed Marine Education Centre within walking distance ?
* Beach Straight across the road ?
* High demand for Accommodation ?
* High demand for Quality Dining ?
* High demand for Wedding Venues ?
* High demand for Conference Rooms ?
* Sea Views that can never be built out ?


***** Location Location Location Location Location *****

Existing Warehouses are Returning a small "Holding Income" with room for substantial improvement. These are the only two "Beach Front" free-hold development sites of this Calibre in the Area, possibly the "Best Available in New Zealand"

The Owner has prepared preliminary plans for a 4 Level 125 Room Hotel, Bar and Conference Centre but other commitments have put this project on the Back-burner.

Your Chance to be on the "Ground Floor" as Wellington Airport projects a doubling in Aircraft Passengers Numbers over the next few years.

Some Concept Plans can be Viewed on trade-me.... and if your prepared to tussle with the council you could potentially add two more floors up and 1 more floor down to build a 235 Room Hotel or a Hotel with a Mix of Residential... The Skys the Limit !

Vendor would consider partnered development Vendor Finance or long term Lease.

This Property would Ideally Suit a Hotel Chain Looking to Expand into Wellington.

For more information contact Nick Parkin.

Agency reference #: NP0019
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Asking price: $7,900,000
59 Kingsfordsmith St, Lyall Bay, Wellington, Wellington
Asking price: $7,900,000
Listed: Sat 1 Mar, 3:16 pm
Nick Parkin
NZRealty Limited
  • Contact details
  •  (04) 9397997

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Nick Parkin
  •  (04) 9397997
NZRealty Limited
(04) 9397993
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Expires: Wed 25 Jul, 8:45 am
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