18 Utauta Street, Waikanae, Wellington

Recent District Plan changes have placed 18 Utauta Street in the High Density Residential zone meaning there is the opportunity to further develop this 1862m2* central site to maximise your return on investment. The current owners had carried out some initial feasibility investigations before the District Plan changes that would have allowed 4-5 lots on the site. Now, with zoning rule changes, a plot this size could accommodate much more.

The vendors are willing to look at creative options to make this site work for you including removing the current existing dwelling to create a clear site, or this can be left as is for renovation or repurposing.

The existing dwelling offers:

• Large sunny living area

• 4 bedrooms and 1 bathroom

• Spacious kitchen and butlers pantry

• Multiple heating options

• Carport with plenty of room for a garage

Explore the potential to maximise the site with the District Plan on your side. Is the best option for single-level detached dwellings? Townhouse-style homes? Or a multi-storied offering? Come walk this site in person and start crunching your numbers!

This is now surplus to requirements, and our vendors would like to free up capital for their next venture!

(All suggested options are subject to client due diligence, design limitations & resource consent approval)

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