17-21 Torrens Terrace, Te Aro, Wellington

Opportunity knocks ... lets invite them in!

Just around the corner from Cuba Street this sought after property offers a multitude of options for owner occupiers, add value investors and potentially developers.
In recent years we have seen several new residential buildings pop up in the immediate area. With the current permitted building height limit of 27 metres there is room to grow and this property will appeal in developers.
Alternatively, the demand for warehouse or workshop space throughout the region is unprecedented so as an add value investor or owner occupier do you remodel the current configuration? The ground floor layout could be altered to include a 2nd roller door entry. The first floor office with good goods lift and previous like manufacturing space has already been given a makeover.
The central location with easy access to the CBD and motorway system will appeal to many users. A recent valuation has estimated the potential gross rental at
$197,790pa + GST.

• Vacant possession - ideal for owner occupiers or developers
• Currently configured as office and warehouse over two levels
• Centrally located around the corner from Cuba Street