Little Land Opportunity
17, Glover Street, Ngauranga, Wellington
- Proposed Usage
- Development Site
- Land Area
- 603.00 m²
- Auction Date
- 11:00 - May 18, 2017
- Property ID
â¢ 603sqm total land area
â¢ Popular Ngauranga location
â¢ Concept plans available for 270sqm warehouse
â¢ Commercial and industrial zoning
This small parcel of land is located in Wellington's primary industrial precinct which is extremely tightly held. The current vacancy rate for commercial and industrial buildings in this location is below 3%. There just isn't much usable land left to build on in the region.
The site rests along the bank with a flat usable area of approximately 300sqm currently, further excavation will allow for a greater footprint. There are scheme plans to build a high quality warehouse unit. Alternatively, you can land bank for future development and use as car parking in the meantime.
For further information please paste the following URL into your web browser: http://www.propertyfiles.co.nz/property/1950829.