A significant Fairfield landholding with potential
Positioned on approximately 9,145sqm of flat land spread across four individual titles, 1-33 Manderson Grove comprises six two-storey apartment blocks containing twenty-four three-bedroom, one-bathroom apartments, a standalone three-bedroom home and two additional stand-alone buildings providing four studio-style flats.
Offering considerable scope to refurbish, modernise and add value, this substantial property portfolio presents an appealing opportunity for investors, developers and land bankers alike.
The scale and versatility of this offering is further highlighted by the flexibility to purchase the properties individually or collectively, providing purchasers with a range of opportunities to suit their investment objectives.
The wider offering includes:
•1-15 Manderson Grove: 2,359sqm with eight three-bedroom apartments.
•2-22 Manderson Grove: 3,066sqm with eight three-bedroom apartments and four studio flats.
•17 Manderson Grove: 968sqm with an existing three-bedroom home.
•19-31 Manderson Grove: 2,752sqm with eight three-bedroom apartments.
Whether acquiring an individual property or securing the entire landholding, the opportunities are extensive. Purchasers may consider retaining the existing accommodation as a long-term investment, undertaking a programme of refurbishment to enhance rental returns, land banking for the future or investigating the potential for comprehensive redevelopment, subject to council and regulatory approvals.
Conveniently positioned in the established suburb of Fairfield, the properties enjoy easy access to local shops, cafes, schools and public transport, with Lower Hutt's wider amenities just a short distance away.
Purchase individually or secure the entire 9,145sqm Manderson Grove opportunity.
Offering considerable scope to refurbish, modernise and add value, this substantial property portfolio presents an appealing opportunity for investors, developers and land bankers alike.
The scale and versatility of this offering is further highlighted by the flexibility to purchase the properties individually or collectively, providing purchasers with a range of opportunities to suit their investment objectives.
The wider offering includes:
•1-15 Manderson Grove: 2,359sqm with eight three-bedroom apartments.
•2-22 Manderson Grove: 3,066sqm with eight three-bedroom apartments and four studio flats.
•17 Manderson Grove: 968sqm with an existing three-bedroom home.
•19-31 Manderson Grove: 2,752sqm with eight three-bedroom apartments.
Whether acquiring an individual property or securing the entire landholding, the opportunities are extensive. Purchasers may consider retaining the existing accommodation as a long-term investment, undertaking a programme of refurbishment to enhance rental returns, land banking for the future or investigating the potential for comprehensive redevelopment, subject to council and regulatory approvals.
Conveniently positioned in the established suburb of Fairfield, the properties enjoy easy access to local shops, cafes, schools and public transport, with Lower Hutt's wider amenities just a short distance away.
Purchase individually or secure the entire 9,145sqm Manderson Grove opportunity.
Key features
Opportunity
Approximately 9,145sqm of flat land
Add value
Refurbish, Invest or Redevelop
Available
Purchasers can acquire individual properties or explore securing the entire holding
