40 Austin Street Mount Victoria, Wellington City

Purchased 20 years ago as a retirement investment this 2 flat property with development potential is now up for grabs
Set in popular Mount Victoria the North -West aspect two story 2 flat property is set on a 329sqm plot with amazing views of the city and beyond
Looking for a do-up, or investment, with potential for future development??
Then this property should be seriously considered viewing.

Rateable Value $2,380,000
Asking Price $1,600,000

High Density Residential Zone
The ( Site Specific) HDRZ in PDP 15 06 22 provides for a range of housing types at a greater density and scale than the MDHZ.
It gives effect to the requirements of the RMA to allow for three residential units of up to three stories on a site, and also by enabling multi-unit housing of up to six stories through a resource consent proccess subject to standards and design guidance"
High Density Residential Zone Plan Provisions available on request

AGENT: Bruce R. Finch - Experienced Agent
Tel: 08 007 25 005
Text: 027 452 5360
bruce.finch@raywhite.com

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as RPNZ or Wellington Council (LIM) documents. They have not been measured by the Salesperson or City South Investments 2019 Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.