Calling all investors or land bankers.
Here is your opportunity to secure a 7-bedroom 1960s double storey property situated
on an extremely large site.
Opportunities like this are very rare indeed.
Just look at the return!
The property is sold subject to the current lease. The vendor may be able to agree renewal prior to settlement date if preferred by the purchaser. Accordingly, tenders should state whether they would prefer to take the property subject to the held-over lease, or subject to a renewed lease.
R.V.$860,000
L.V.$690,000
Income $64,948 plus GST per year
Rates $11,193.99p.a.
Floor area 270sqm
Land area 1368sqm
Zoning
To be SOLD by TENDER closing 01 April 2026
1/77 Thorndon Quay
Wellington