Expressions of interest by 19th June 2015 (unless sold prior)
Level 6, 36 Brandon Street, Wellington
A Development opportunity not to be missed!
First time offered in over 28 years this sheltered 2,941square metres (more or less) block of land surrounded by quality homes in a sought after location is being offered for sale.
This prime land is ideal for 6 lots of 400 square metres (more or less) each.
An opportunity exists for a smart developer to make this an exclusive development of upmarket smaller homes to suit a downsizing market of stable buyers looking for retirement options, or perhaps a quality subdivision of upmarket homes to suit professionals and families alike.
Imagine these lovely new homes, all within an easy distance to shops, schools, parks, and the city.
10 minutes to Westfield Queensgate and half an hour to Wellington CBD and to the International Airport.
All the homework has been done!
There is an " Initial Lockwood" Home comprising of 3 bedrooms, living, dining and kitchen, with laundry and one bathroom in good condition. (Potential holding income)
The large shed would need to be removed.
An exciting opportunity therefore exists for a Developer to build 6 new homes creating a quality subdivision, or for a savvy investor to hold with a view to developing down the track in years to come.
This prime land is also in an area that has a historical significance to the region.
Lower Hutt has been home to many Market Gardeners.
"MAZZOLA STRADA" - This is a name that relates to the history of the "Mazzola" family who arrived in New Zealand in 1905 and began market gardening in the Hutt Valley.
The vendor is a 4th generation market gardener, who's Great Grandfather Francesco Mazzola at the age of 89 in 1968, was still tending his crops of tomatoes! There are photos in the book called"Alla Fine Del Mondo" ("To the ends of the earth") and a display at the Petone museum.
This property is nestled in a sheltered area surrounded by other quality developments of homes like "Cataldo Mews", and is just waiting to be developed into an exclusive new subdivision of quality homes.
*The name "Mazzola Strada" is used purely for marketing purposes. Any development undertaken would need approval from appropraite authorities with reference to road naming.