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25 Poplar Avenue, Raumati South, Wellington, 0 Bedrooms, 0 Bathrooms, Retail Property
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Set Sale

25 Poplar Avenue, Raumati South, Wellington

1
118m2
847m2
Retail PropertyListed Two Days Ago

Raumati South Raumati South Town Centre Opportunity

Commercial sites are few and far between in Raumati South and 25 Poplar offers a very unique opportunity for the savvy investor!

With the current tenant having fitted out the space as a Pottery shop there is rent coming in straight away. The real value is what you could potentially do with the site positioned in Town Centre zoning.

Property features include:

• Town Centre zoning

• Large rear section with Resource Consent to subdivide

• Sitting tenant with lease through to September 2026

• Street frontage with covered entranceway

• Two front facing display rooms

• Additional storage room

• Kitchen facilities and workspace

• Off street parking

• Covered rear courtyard

To the rear of the shop, we have a large section not often found in such a central location. There is a current Resource Consent to subdivide, and the zoning provides development potential to maximise the site.

Situated in the popular Raumati South village, tenant demand is strong with good foot traffic and street frontage.

The adjacent property, 23 Poplar Ave, is currently for sale offering a large, combined site - listing information is available at the following link - https://www.trademe.co.nz/5211627781

We are viewing by appointment so for an information pack and to arrange a private viewing please get in touch today.

Deadline Sale closes 1pm, 27 March 2025, Voyle & Co Realty Ltd, Paraparaumu Beach

*SOURCE: Floor/Land Area & RV: PropertyGuru. RATES: KCDC.

Location

Council Data

Last update : 2025 03 12
Improvement value$110,000Reduced by -40% from year 2020
Land value$550,000Increased by 46% from year 2020
CV(Year 2023 Month 08)$660,000Increased by 17% from year 2020
Land area847m²
Floor area118m²
Decade of construction1936
TitleWN448/268
Type of titleFreehold
Legal descriptionLOT 11 D P 9132
CouncilKapiti Coast
Estate descriptionFSIM,1/1,LOT 11 DEPOSITED PLAN 9132,847m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

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Poplar Avenue Neighborhood and Surrounding Data

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Ref:RX4486727Last update:2025-03-12 09:40:52