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- Island Bay Commercial

Discover the perfect blend of charm and potential in this iconic Island Bay corner property. Ideally situated opposite Shorland Park, and a short stroll to the beach, this property’s prominent location at the bus terminus and main street offers a wealth of opportunities to live, work, invest and develop. Tommy’s is proud to present this land and building opportunity to the market for the first time in over a decade. Drop your commercial anchor in this popular suburb that still has so much growth to realise.

Key Features and Benefits:

Character Building: A sizable historic dwelling with prime street front gallery/shop space.

Residential Comfort: A modernised three bedroom residential apartment for comfortable living, or income stream.

Income Diversity: A large flat land area which provides multiple income streams:

Café: A thriving space that includes a charming cottage garden courtyard, currently leased with future options.

Bus Company Lease: Secure income from a long-term lease.

Garaging: Ideal for storage or additional income.

Strengthening: Some works completed already, Vendor has supplied Engineer plans for further works.

Explore the Possibilities: This property offers limitless options for owners and investors to explore potential future development in line with the Wellington District Plan. Positioned perfectly in a thriving, bustling community. The options are endless with plenty of further potential or sit back relax and enjoy the benefits of a live and work environment with lifestyle options and income to match.

Please contact us for viewing times.

Tender Date: 2pm 11th October 2023 at Tommy’s Real Estate, 209 Victoria Street, Te Aro, Wellington. (not selling prior) – Don’t miss your chance to secure your place in Island Bay.