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8 Shannon Street, Mount Victoria, Wellington City

BEO $1,595,000

170m²

276m²

THE VIEW

BUYER ENQUIRY OVER $1,595,000

Located amongst an iconic collection of homes on the hills of city end Mount Victoria, overlooking the harbour and city, this property potentially offers the Capital's best building site to be marketed in recent years. This corridor of homes is regularly featured in images of the Capital, with the Monastery, town belt, harbour and character homes setting the iconic Wellington scene.

With hard to come by level car access, and the ability to use the site wide crossing to pull directly into your future double internal access garage, the inspiration here is obvious. With an incredible sun aspect and jaw dropping views, there is an existing property on the site that could be remodelled.

Enjoy an easy stroll in to town to visit the many local restaurants, or head down to Oriental Bay Beach, perfect for an invigorating morning stroll or to clear the mind after work. At 276sqm (source: Property Guru) the site is sloping below street level with direct vehicle access on to what might become the middle level of a new home. Decks and outdoor spaces would be on the northwestern aspect, providing outdoor living with privacy and mesmerising vistas.

Currently operating as a two flat rental property with $1500 per week rental return, you can continue to tenant while plans are conceived and planned. When ready to build your construction team will enjoy the easy access to the site from the street, not to mention the outlook each day!

This remarkable opportunity should be explored by anyone who has dreamed of building an architectural masterpiece in arguably one of Wellington's best positions. Call your architect and make a time to view or visit one of the open homes.

*Resource Consent would be required to remove the pre 1930s home. Buyers to do own due diligence on the removal of existing building and potential design plans with chosen experts and WCC.

Additional details

Type

House

Property ID

LOWE6390

Listed on

06/08/2024

Updated

10 hours ago

Data

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OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Floor area

170m²

Land area

276m²

Type of title

Freehold

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Flooring

Total estimated cost is flooring

$9,812.40

This estimate is fully inclusive of carpet, underlay, accessories and installation but excludes travel and floor preparation, if required.

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Mount Victoria, Wellington City

Mount Victoria is a suburb which lies within the Territorial Authority of Wellington, one of 52 residential suburbs which form the wider region. Mount Victoria is the 17th largest suburb of Wellington in terms of the total number of residential housing stock. Mount Victoria provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1890 - 1899. Residential housing stock in Mount Victoria is made up of approximately 81% residential housing and 19% residential investment housing properties.

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