Sold Property

17 and 19 Hardy Street, Waterloo, Wellington 5011

  • 490
  • 310 m2

$551,800

Income Plus Potential

This investment could be a real winner with a little TLC. At present there is a hair salon and dairy at the front, with the rear area vacant, providing huge scope for development. This rear, approximately 160m2 space requires refurbishment - either as one, or two, commercial units, or perhaps redevelop into residential units with a change of use allowed under the mixed suburban zoning. Excellent neighbouring shops and businesses are a drawcard to this popular area, as is the closeness to the Waterloo Interchange railway station.
Great foot and vehicle traffic, a high-profile site in this boutique shopping centre of Waterloo combined with a rental income stream from two established businesses - this could be the opportunity you have been waiting for. Develop or refurbish as an owner/occupier, the choice is yours. The dairy business is also for sale separately, completing the all-round package if you want. Just don't miss the rare chance to buy in this area, call us today to book your appointment to view.
Features include:
* Property on two titles
* Combined floor area: 310m2 plus garage
* Combined land area: 490m2
* Combined RV: $550,000
* Mixed suburban zoning Property ID: #WL10301

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Sold Date

  • 03 November, 2017

Property features

  • Property Type: Other, Retail
  • Property Details: Vacant, Tenanted Investment
  • Tenure: Fee Simple

Office

Harcourts Wellington City

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 490
  • 310 m2

Sold Property

17 and 19 Hardy Street, Waterloo, Wellington 5011

$551,800

Income Plus Potential

This investment could be a real winner with a little TLC. At present there is a hair salon and dairy at the front, with the rear area vacant, providing huge scope for development. This rear, approximately 160m2 space requires refurbishment - either as one, or two, commercial units, or perhaps redevelop into residential units with a change of use allowed under the mixed suburban zoning. Excellent neighbouring shops and businesses are a drawcard to this popular area, as is the closeness to the Waterloo Interchange railway station.
Great foot and vehicle traffic, a high-profile site in this boutique shopping centre of Waterloo combined with a rental income stream from two established businesses - this could be the opportunity you have been waiting for. Develop or refurbish as an owner/occupier, the choice is yours. The dairy business is also for sale separately, completing the all-round package if you want. Just don't miss the rare chance to buy in this area, call us today to book your appointment to view.
Features include:
* Property on two titles
* Combined floor area: 310m2 plus garage
* Combined land area: 490m2
* Combined RV: $550,000
* Mixed suburban zoning Property ID: #WL10301

Property Features

  • Property Type: Other, Retail
  • Property Details: Vacant, Tenanted Investment
  • Tenure: Fee Simple

Sold Date

  • 03 November, 2017

Hamish Gandhi Harcourts Lower Hutt

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Harcourts Wellington City

Office Harcourts Wellington City Licensed under REAA 2008

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Need to sell before you Buy?

Need to sell before you Buy?

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