Sold Property
$2,275,000
First time ever marketed as a total package and owned by vendors for over 40 years, this is high-profile real estate located in the main retail and commercial area of Petone. It occupies what is undoubtably a very desirable parcel of land, including seven shops, eight flats, plus a two-bedroom cottage, workshop and two-bedroom flat.
Current commercial income: $171,237 PA (excl GST)
Current residential income $117,000 PA.
The income stream from leasing and renting will be a definite advantage to any purchaser considering short or long-term re-development plans.
Petone is currently undergoing both a residential apartment, retail and commercial growth phase, as a consequence large well-positioned parcels of land are difficult to obtain. Total combined land area: 1,298 square metres more or less.
143-153 Jackson Street: WN58A/220 Fee Simple 610m2 more or less, RV $1,830,000
155-159 Jackson Street: WN58A/221 Fee Simple 450m2 more or less, RV $1,150,000
46 Nelson Street: WN58A/222 Fee Simple 288m2 more or less, RV $500,000
Property ID: #WL10384
Office
Licensed under REAA 2008
Sold Property
First time ever marketed as a total package and owned by vendors for over 40 years, this is high-profile real estate located in the main retail and commercial area of Petone. It occupies what is undoubtably a very desirable parcel of land, including seven shops, eight flats, plus a two-bedroom cottage, workshop and two-bedroom flat.
Current commercial income: $171,237 PA (excl GST)
Current residential income $117,000 PA.
The income stream from leasing and renting will be a definite advantage to any purchaser considering short or long-term re-development plans.
Petone is currently undergoing both a residential apartment, retail and commercial growth phase, as a consequence large well-positioned parcels of land are difficult to obtain. Total combined land area: 1,298 square metres more or less.
143-153 Jackson Street: WN58A/220 Fee Simple 610m2 more or less, RV $1,830,000
155-159 Jackson Street: WN58A/221 Fee Simple 450m2 more or less, RV $1,150,000
46 Nelson Street: WN58A/222 Fee Simple 288m2 more or less, RV $500,000
Property ID: #WL10384
Office Harcourts Wellington City Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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