An exceptional opportunity awaits in the vibrant heart of Newtown-Wellington's most eclectic and fast-growing suburban centre. Positioned right in the village hub, this commercial building comes with resource consent already granted for two ground-floor retail tenancies and five residential apartments above.
Whether you're an experienced developer, a savvy investor, or a business owner looking to shape your own live-work space, this is a rare chance to unlock the full potential of a high-profile site in a high-demand location.
Key Highlights:
• Resource consent approved - 2 retail units + 5 apartments
• Two ground-floor retail units: 74.96sqm and 49.87sqm
• Five 2-bedroom apartments with outdoor living
• Three rear units: 63.5sqm each
• Two front units: 62.85sqm each
• Highly accessible, high-demand city fringe location
• Prime position in Newtown's busy village centre
• Strong street frontage and foot traffic
• Thriving community with cafes, bars, hospital, schools, and public transport all nearby
• Zoned for mixed-use - future flexibility
This is your chance to secure a footprint in one of Wellington's most diverse and dynamic neighbourhoods. Enquire now to receive the full information pack and take the next step in realising this unique development vision.
An exciting development opportunity awaits at 150 Riddiford Street, offering a resource-consented mixed-use project in a prime Newtown location.
Our instructions are clear- this property will be sold on the tender date.
MORTGAGEE SALE.
Tender closing 3pm 24th July 2025 at Tommy's Real Estate Ltd, 209 Victoria St, Te Aro, Wellington
