Available PropertyFiles:

/1. Information Memorandum/
- 70-74 Kent Tce Information Memorandum min.pdf
/2. Surveyors Report/
- Surveyors report.pdf
/3. Titles/
- Title - 30 Hania WN57017.pdf
- Title - 36 Hania WN22193.pdf
- Title - 70-74 Kent WN104191.pdf
- Title - 70-74 Kent WN24283.pdf
/4. Insurance/
- Renewal Invoice-CN Shackel Trust No2 -P000564790SVU-131090.pdf
/5. Leases/
- 123879-73 (2781211-1) Deed of Lease - 70-74 Kent Terrace - 24 May 2022.pdf
- CCE_000536.pdf
- Deed of Lease.pdf
/6. 30 Hania Resource Consent/
- APPROVED FEE SIMPLE SUBDIVSION PLANS 30 Hania.pdf
- APPROVED LAND USE PLANS 30 Hania.pdf
- APPROVED UNIT TITLE PLANS 30 Hania.pdf
- Final Decision for SR 506668.pdf
/7. Geotech Report/
- Geotech Report 11365.pdf

Property Description

• Exceptional location – Dual street frontages on Kent Terrace and Hania Street
• Flexible purchase options – Buy one or both sites
• Substantial landholding – 1,457.5sqm across three titles
• Strong holding income – Returning $230,215pa +GST

A rare opportunity to secure a landmark site in tightly held Kent Terrace, Mount Victoria. Held in the same ownership for 25 years, this generational offering provides flexibility for investors and developers alike.

Currently leased to Armstrong Motor Group, the site delivers a healthy annual income, allowing time for planning while offering future redevelopment potential. The lease includes redevelopment clauses, providing strategic options when you're ready to act.

For those seeking an immediate development prospect, consent is already in place for a six-story apartment building on the 371sqm Hania Street portion of the property.

With opportunities like this coming once in a generation, act now to secure your foothold in one of Wellington’s most sought-after locations.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.

Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Mark Walker

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022 +64 21 320 280 mark.walker@bayleys.co.nz All Listings

Contact Sarah Lyford

Bayleys