Chunky Development Opportunity
44-48, Ribble Street, Island Bay, Wellington
- Proposed Usage
- Development Site
- Land Area
- 18129.00 m²
- Property ID
Combining scale and location this property really gives you something to get your teeth into here.
At 18,129m2 located in ever popular Island Bay, this contoured site is zoned outer residential, suitable for subdivision.
With pressure on to free up housing sites, intensive development on this fantastic site is likely to be given a positive hearing from the local Council.
The site has a rising grade from east to west, and also from south to north. The aspect of the property is to the east, providing good shelter from prevailing north-westerly winds and an outlook across urban Island Bay to the east.
Island Bay is a large, established residential suburb to the south of Wellington City and is an area which has become a very popular residential location in recent years, primarily due to its character nature, and proximity to the southern coastline. It has a local shopping centre, schools and excellent commuter links.
The subject property is at the western end of Ribble Street, putting it within comfortable walking distance of the local Island Bay suburban shopping precinct and primary school.
Opportunity and affordability are likely to collide here, so get in now to start your due diligence.