A rare opportunity to secure 3,653 square meters of prime development land on Adams Terrace, Wellington. Located just minutes from Victoria University of Wellington, this property offers exceptional potential for developers or value-add investors seeking proximity to the university and city centre.
The land includes two dwellings, sized at 88 sqm (3-bedroom) and 106 sqm (4-bedroom), offering close to immediate rental income or redevelopment possibilities. Additionally, a parking platform is situated on the property, providing valuable access to the site.
This property is ideally suited for residential or mixed-use developments, particularly catering to student accommodation needs. The strategic location, combined with the sizeable land parcel and existing structures, makes this a standout opportunity in Wellington's competitive market.
Location Highlights:
Situated near Victoria University of Wellington and with easy access to the CBD, this quiet residential area offers both urban convenience and development potential.
