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8 Papakowhai Road, Papakowhai, Porirua, Wellington, 4 Bedrooms, 2 Bathrooms, House

Price by Negotiation

8 Papakowhai Road, Papakowhai, Porirua, Wellington

4
2
1
208m2
2883m2
HouseListed on Wed May 29

Papakowhai 4 Bedroom RARE DEVELOPMENT OPPORTUNITY

This rare find is a developer's dream. Consisting of a 2883sqm north facing corner site with water views, bounded by Papakowhai Road and Whitford Brown Avenue, and with scope for a multitude of options including but not limited to a multi-unit development, all set in a prime location.

Benefit from an excellent return on your investment while plans and approvals are being sought, with the two x two-bedroom units on the site, currently being run as AirBNB accommodation, they each generate an excellent return to help offset holding costs.

The two properties were renovated in 2021 and both feature a modern kitchen, spacious living area with indoor/outdoor flow and great sunny decks overlooking the inner Porirua Harbour. One property enjoys an internal access garage.

This site is located in a super convenient location opposite the very popular Aotea Lagoon, close to schools, shops, public transport and the local Porirua business hub.

Don't miss this opportunity - call either Jane or Jo today for your appointment to view, or for an information pack.

For more information and a property brochure, please visit www.collectivefn.co.nz

Marketed by Team Jane at Collective First National -

Your #1 Local Sales Team 18 different languages spoken by our team including Mandarin, Cantonese, Hindi, Sinhalese and more

Location

Council Data

Last update : 2024 06 19
Improvement value$530,000Increased by 253% from year 2019
Land value$970,000Increased by 34% from year 2019
CV(Year 2022 Month 10)$1,500,000Increased by 72% from year 2019
DeckYes
View typeFocal Point Of view - Water
ContourSteep rise
Land area2883m²
Floor area208m²
Decade of construction1970
Title605020
Type of titleFreehold
Legal descriptionLOT 1 DP 460854
CouncilPorirua
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 460854
ConstructionExternal Walls: Wood Roof: Tiles
ConditionExternal Walls: Good Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Aotea College
0.69 km
Secondary
9-15
Government
Co-Educational
EQI: 447
5
Papakowhai School
1.02 km
Primary
1-8
Government
Co-Educational
EQI: 382
10
St Oran's College
10.55 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 378
10

Property history

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For developers

Unitary plan:-
Land:2883m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Data source
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Ref:L28024388Last update:2024-06-13 13:40:36