Could this be your next development?

37 and 39 Nairn Street, Mt Cook

By Negotiation

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Could this be your next development? | 37 and 39 Nairn Street, Mt Cook | 3301588 |      X Close

Could this be your next development?

37 - 39 Nairn Street offers an exceptional opportunity for the visionary developer to secure this prime inner-city location. Ripe for multi-unit development, this offering will hold immense appeal with local, regional and national developers. Comprising two freehold titles, the 632 sqm (more or less) offers a 20-metre road frontage and gentle contour.

Under the Wellington Council Plan, Inner Residential Area as currently zoned allows the development of the block to 50% site coverage and 9 metres maximum building height. However, proposed changes to the district plan may allow for high density and should be explored.

The fact the area is conveniently located to enable easy access to employment and recreational opportunities, as well as major educational and healthcare facilities as Victoria University of Wellington, Massey University and Wellington Regional Hospital, will certainly be a key selling and value-add feature.

Sizeable blocks around the edge of the CBD are keenly sought-after by developers looking to dovetail their projects behind Wellington Council's vision for the region - in an area close to State Highway One, and where properties are already selling in upper price brackets.

Key highlights:

•Residential development site of 632sqm (2 titles)

•Favourable zoning Inner Residential Medium Density

•Denser development standards proposed under WCC 'Our City Tomorrow' environment

•Sought-after location in an established residential suburb

•Close to Victoria University, Massey University, Wellington Hospital and CBD

•Buy now and explore the possibilities

37 and 39 Nairn Street, Mt Cook

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