Super Large Residential Redevelopment Site
Yes, an exciting opportunity to own 1807m2 (just under half an acre) more or less of general residential zoned property (Note: may qualify for Comprehensive Residential Development under Lower Hutt City District Plan) within a short walk to the Naenae Shopping Centre and transport hub.
Currently with three homes occupying the land and returning a combined rent of $1115.00 per week, annual income of $57,980.
It is extremely rare to have for sale three properties that combine to provide such a large parcel of land for redevelopment.
Possible uses may include Residential Housing Complex Redevelopment, Large Childcare Centre, Retirement Village, HealthCare Facilities, Hostel and Visitor Accommodation or Places of Assembly and Emergency Facilities.
To be sold by Tender closing 1.00pm 4th February 2021 (if not sold prior). For further details on these properties please contact Alex Edmonds.