Have you been looking for your next development opportunity? Look no further!
This excellent central Tawa location has all the makings for a terrific townhouse development. The best part is the vendor has already done the hard yards and has successfully obtained resource consent for 5 townhouses. Furthermore the Vendor is willing to provide builders terms to those with development experience!
Located at 23 Hinau Street, Tawa, this 809sqm site features an existing 1930's bungalow weatherboard home (approx 100sqm on piles for easy removal) which is currently rented on a periodic lease at $325 per week.
Townhouse Configuration:
Units 1 & 2 - approx. 101 m² each (2 bedrooms plus study, car pad))
Unit 3 - approx. 125 m² (3 bedrooms, 2 bathrooms, single garage)
Units 4 & 5 - approx. 98 m² each (2 bedrooms, car pad)
Total Floor Area = 524.9 m²
Townhouses Site Coverage = 278 m²
Proposed Decks = 26.55 m²
Total Site Coverage = 304.55 m² (37.65%)
Minimal earthworks required to this flat site with an estimated fill area of 610m² (volume 360m3).
Nearby Location Amenities
Montessori preschool, Linden School, Tawa Intermediate, Tawa College, Kowhai Park, Tawa Bowling Club, Tawa Pool, Linden Surgery and shops just a short drive away.
Transportation
Linden Train Station (150m), Main Road Bus stop (500m). Just a 20 minute drive to Wellington CBD.
Detailed reports & information available - resource consent, site plan, landscape plan, rental appraisal & investment analysis for proposed units, builders terms, and a comprehensive information memorandum.
Tender closing - 4:00pm 12th April 2018, Bayleys Real Estate, Level 6, 36 Brandon Street, Wellington.
Open Home this Sunday 25th of March at 11:00 to 11:30am
Make contact with Hadleigh & Spencer Petherick today