Develop, Occupy or Invest

252, High Street, Lower Hutt, Lower Hutt

By Negotiation

Proposed Usage
Development Site
Floor Area
215.00 m²
Land Area
524.00 m²
Description:
Property ID
1btykt0

CBRE New Zealand is proud to present 252 High Street, Lower Hutt for sale.

The property is conveniently located in central Hutt City with excellent arterial roading connections of High Street and Waterloo Road, close proximity to SH2 and a stones throw away from Queensgate Shopping Centre.

252 High Street has been occupied by the TAB, who have had a long-term occupation of this site. However, they are currently on a monthly lease, making the property ripe for a residential/commercial development or an opportunity for an owner occupier to make use of the existing improvements.

The 215sqm building sits on a high profile freehold land parcel of 524sqm and has recently been granted Resource Consent by the Hutt City Council for a seven-storey, commercial/residential building with optional parking.

252 High Street presents a fantastic opportunity to acquire a prime site which could suit both developer or owner occupier.

Key Features:

*Land area: 524sqm
*Building area: 215sqm
*Prominent corner site in CBD
*Extensive commercial/residential developement opportunities
*HCC Resource Consent approved for development
*10 on-site car parks

CBRE strongly recommends your early consideration of this outstanding investment.

For sale by Deadline Private Treaty, closing Wednesday 26 July 2017 at 4pm.

Enquire about this property

Lower Hutt Area