227 The Parade
Island Bay, Wellington City
SOLD
10
5
4

3 Houses on 1138sqm Flat land - One Title

This incredibly unique opportunity is unseen before in Island Bay, it includes three houses on one title set on a massive 1138 sqm flat parcel of land. Bathed in all day sun in this desirable location across the road from the Empire Cinema and an easy 5 minute walk to Island Bay Village shops, cafes, Supermarket and close to the beach.

There are multiple options here whether you are looking for a home with incomes, investment and/or landbank, or development site for multiple Townhouses, they don't come better than this, especially with the possibly of income from the Townhouses .

First time on the market for 60 years this has been the much-loved family home of four generations.

Here's what's on offer:

Front house - The character 1920s home features 3-4 bedrooms, three living areas, two bathrooms, and two kitchens plus a lovely sunny garden and a double garage. Attached at the rear is a self-contained one-bedroom 'granny flat' with a large garden

Townhouse 1- Large home with three double bedrooms, spacious open-plan living/dining and a carport
(Built-in 1999) rented for $650pw - periodic tenancy

Townhouse 2 - Large home with three double bedrooms, large sun filled open plan living and a carport
(Built-in 1999) rented for $625pw - periodic tenancy

Total Land area - 1133sqm

Fee Simple Title

Total Dwellings Floor area - 570sqm (approx)

This is a 'one of a kind' opportunity that doesn't come along often, representing multiple options for astute Developers or Investors who will know what to do here!

Open Homes

Property Features

Property ID: BDN34253
Bedrooms: 10
Bathrooms: 5
Building: 570m2
Land: 1138m2
Listed By:Leaders Real Estate City Limited Licensed (REAA 2008)
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Pano Focas, Licensee Salesperson at Ray White Wellington City