355 The Parade, Island Bay

21048971

LET US PAINT THE PICTURE...

Sold
220sqm
298sqm

Discover the perfect blend of charm and potential in this iconic Island Bay corner property. Ideally situated opposite Shorland Park, and a short stroll to the beach, this property’s prominent location at the bus terminus and main street offers a wealth of opportunities to live, work, invest and develop. Tommy’s is proud to present this land and building opportunity to the market for the first time in over a decade. Drop your commercial anchor in this popular suburb that still has so much growth to realise.

Key Features and Benefits:

Character Building: A sizable historic dwelling with prime street front gallery/shop space.

Residential Comfort: A modernised three bedroom residential apartment for comfortable living, or income stream.

Income Diversity: A large flat land area which provides multiple income streams:

Café: A thriving space that includes a charming cottage garden courtyard, currently leased with future options.

Bus Company Lease: Secure income from a long-term lease.

Garaging: Ideal for storage or additional income.

Strengthening: Some works completed already, Vendor has supplied Engineer plans for further works.

Explore the Possibilities: This property offers limitless options for owners and investors to explore potential future development in line with the Wellington District Plan. Positioned perfectly in a thriving, bustling community. The options are endless with plenty of further potential or sit back relax and enjoy the benefits of a live and work environment with lifestyle options and income to match.

Please contact us for viewing times.

Tender Date: 2pm 11th October 2023 at Tommy’s Real Estate, 209 Victoria Street, Te Aro, Wellington. (not selling prior) – Don’t miss your chance to secure your place in Island Bay.

Property Information

Listing ID
TCL3130
Year Built
1920
Property Type
Retail

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Disclaimer

The information presented on this page has been prepared, or is based on information supplied, by the property owner or their legal representative. Whilst all reasonable effort is made to ensure the information accessible on this page is current, we do not perform any independent verification in respect of, and we give no warranty as to, the accuracy or completeness of the data and information accessible on or through this page. Information that has been supplied by the vendor or their agents, Tommy’s Real Estate Limited is merely passing over this information as supplied to us and, to the maximum extent permitted by law, we do not accept any responsibility to any party for the accuracy or use of the document or information herein. You should make your own enquiries and we encourage you to seek your own legal advice before acting on the basis of the provided data and information.