Positioned just 100 metres from Wellington's vibrant Cuba Street, this exceptional Te Aro property combines income, location, and long-term potential in one compelling opportunity.
Set on 900sqm of freehold land with dual street access from Marion Street and Furness Lane, the site includes a versatile mix of warehouse and office accommodation, plus 15 on-site car parks. With a seismic rating of 80% NBS, the property offers solid credentials for an owner-occupier while also presenting short to medium-term development potential for those seeking future uplift.
Currently leased to Garage Project, the property returns a strong annual net income of approximately $200,000 + GST, providing secure holding income while future plans are explored.
Whether as a strategic city fringe investment, redevelopment site, or future business base, this Marion Street asset delivers flexibility, performance, and position.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/7marionstreet
- 900sqm land area with dual street access
- 80% NBS
- Development site or owner-occupiers
- Holding annual net income of $200,000 + GST
