THE BEST OPPORTUNITY IN WELLINGTON THIS YEAR

13-27 Manners Street, Wellington

Floor area: 10,447m² (approx)

Add-value opportunity

33 on-site car parks

Land/Development Site / Office / Residential / Special Projects For Sale

For Sale by Deadline Private Treaty closing at 4.00pm Wednesday, 12 Jun 2019 (Unless sold prior)
Land Area: 1,568.00 m2.    Floor Area: 10,447.98 m2.    

Car Spaces: 33   

Description

13-27 Manners Street is located on Wellington's Golden Mile and is ready for redevelopment.

The building sits on 1,568m² of land and currently comprises a 15-level office tower, podium and basement parking for 33 cars.

The building has extensive frontage to Manners Street currently housing eight retail tenancies. It also has five residential apartments on the podium roof.  

The current leases in place allow time for a potential conversion to residential, hotel or refurbished office.

A genuine add-value opportunity to benefit from Wellington's low commercial office vacancy rate and high demand for accommodation.

 

Features

  • Potential conversion to accommodation, hotel or upgraded office.
  • Golden Mile location in Wellington CBD
  • Massive retail frontage on Manners Street
  • Holding income from retail and residential
  • Onsite car parking
  • Add value opportunity

Sale Areas

Area Size
Land Area 1,568m²
Total Floor Area 10,447.98m²
Typical Floor Area 717m²

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