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355 The Parade, Island Bay, Wellington 6023

Enquiries over $1,195,000
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Sold - Island Bay Wellington

Discover the perfect blend of charm and potential in this iconic and striking Island Bay corner property. Ideally situated opposite Shorland Park, and a stone’s throw from the beach, this property’s prominent location at the bus terminus and main street offers a wealth of opportunities for both business owners, business seekers and owner-occupiers. 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 gem with prime street front gallery/shop space.

Residential Comfort: A modernised two-bedroom plus study residential apartment for comfortable living, or income stream.

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

Cafe: 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 a private appointment.

Listing ID:
T23541
KEY DETAILS
House Area: 220m2
*Property data sourced from CoreLogic unless otherwise stated
Property Features
  • 3 bed
  • 1 bath
  • Floor Area is 220 sqm
  • Toilet
  • 2 Garage

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