JLL is delighted to bring to market a once-in-a-lifetime opportunity to secure a property that offers control of approximately 1.5 hectares of flat, freehold land, centrally located in New Zealands Capital City, Wellington.
The property consists of several adjacent sites acquired by Reading over a period of years. Offered together, they provide one of the last contiguous, privately owned development properties in central Wellington. Development opportunities are extensive, with strong demand in the heart of Wellington City for premium residential developments, retail spaces, restaurants, cafes, hospitality, hotels, and entertainment venues. Just two blocks from the Wellington Waterfront, this unique development site is strategically situated directly across from the newly constructed Tākina, Wellingtons Convention and Exhibition Centre, which attracts both international and national delegates. Other prominent city landmarks nearby, include the Museum of New Zealand, Te Papa Tongarewa, which attracts over 1.5 million visitors annually, and the historic St James Theatre
Key Highlights:
• Offering ownership of approximately 1.5 hectares (combined) of prime freehold land.
• Substantial development potential with strong end-use demand.
• High connectivity site access from all four surrounding streets.
• Premium location with development opportunities to provide harbour views.
• One of the last continuous, privately owned, large development sites.
• Offered to the market with vacant possession (subject to signage lease 200 Wakefield Street)
Addresses:
• 80 Courtenay Place, Te Aro, Wellington
• 24 Tory Street, Te Aro, Wellington
• 200 Wakefield Street, Te Aro, Wellington
• 27 Taranaki Street, Te Aro, Wellington
• 37A Taranaki Street, Te Aro, Wellington
The Reading Courtenay Central & associated landholdings are for sale via International Expressions of Interest, closing 4.00pm, Thursday 15th August 2024 (NZST).
