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New Plymouth

334/336 Devon Street West, New Plymouth, New Plymouth

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1,822sqm Land area SQM
9 Bedrooms
3 Bathrooms

Calling all occupiers and developers!


This is your chance to seize a prime real estate opportunity with multiple income streams possible. Presenting a freehold 1,822sqm site on two titles with options and potential for both commercial use and residential redevelopment. Whether you're an investor looking for rental income or a developer with a vision, this property offers incredible potential.

Zoned NPDC medium density residential, a visit with your surveyor would be worthwhile. 334 generates $300 per week, perfect for an immediate return while you have plans drawn and your project consented. 336 presents a myriad of options, both commercial and residential, with the sealed car park for 14 vehicles being a huge asset. Split-level configuration featuring a well-appointed three-bedroom apartment upstairs, a one-bedroom apartment downstairs with independent access, and two additional rooms with compact office potential.

Explore Airbnb possibilities or consider this property for a destination business premise, the choice is yours. Perhaps you're looking for a large home for dependent relatives. An exceptional opportunity for developers or as a longer-term hold once you assess the market in 2024. Only 600m (more or less) to the Coastal Walkway, with the popular Elixir West Café and Proof and Stock just a short walk away.

Option A: Buy 336 Devon Street West
Option B: Buy 334 Devon Street West
Option C: Buy both freehold properties
*Purchase prices will be inclusive of GST

By negotiation

For Sale by Negotiation
Iain Taylor

Iain Taylor

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Darryl Taylor

Darryl Taylor

Commercial, Industrial and Development Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Cladding


Weatherboard mixed profiles

Home and income


Potential for short term accommodation

Renovated


Re-roofed, re-lined and re-painted (336)

Zoning


Medium density residential

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