CBRE is pleased to present a prime development opportunity in the heart of Newtown.
This site comprises approximately 845sqm of land, with direct access from Rintoul Street, and is located just moments from the vibrant Newtown town centre.
Offered with vacant possession, the property features existing improvements with a colourful history, most recently accommodating a variety of businesses and offers a gross floor area of approximately 490sqm. These improvements provide holding income potential for the incoming owner.
The site is zoned Residential allowing for a 22-metre height limit, making it ideally suited for a quality residential development in one of Wellington’s most sought-after suburbs.
The property is for sale by Deadline Private Treaty, closing Thursday 11th September 2025 at 4:00pm (unless sold prior). CBRE strongly encourages your early consideration of this exceptional opportunity and invites interested parties to get in touch without delay.
For further information, please contact one of the nominated brokers.