Positioned in the heart of Carterton's town centre, this high-profile 1,131m2 (approx.) commercial site offers exceptional potential for renovation or full redevelopment. With two compelling options, this property presents a rare opportunity for developers, investors, or owner-occupiers looking for a strategic site with real upside.
Option 1 - Renovate
The site features a 630m2 (approx.) high-stud commercial building. While earthquake strengthening is required, there's significant opportunity to upgrade the existing structure and create dual tenancies - ideal for retail, office, or flexible commercial use.
Option 2 - Redevelop with Plans in Place
Alternatively, clear the site and start from the ground up. Architectural plans and resource consent are already in place for an apartment developmen - an exciting proposition for those ready to capitalise on Carterton’s growing demand for quality housing and mixed-use projects.
Key features:
•1,131m2 commercial land in a prime, high-visibility location
- 630m2 high stud building with redevelopment/upgrade potential
- Architectural plans & resource consent for apartment development available
- Excellent street frontage and exposure
This is a strategic and versatile site with outstanding future potential - whether you're looking to add value through refurbishment or pursue a full-scale redevelopment, the groundwork is already in place. Opportunities of this calibre in Carterton's town centre are rare. Don't miss your chance to secure a prominent position and play a key role in shaping the next phase of growth in the heart of the Wairarapa.
** Plus GST (if any)