136 The Terrace is located on the western side of The Terrace in Wellington's central CBD. It enjoys a prominent position with good street presence and offers views down The Terrace and towards the west from its upper floors.
The building's location provides easy access to all city amenities, including Lambton Quay, the Cable Car, central railway station, and Victoria University. This convenient proximity makes it an attractive option for both commercial and residential purposes.
Currently, the building consists of ground floor retail space and five upper floors that have a rectangular layout. Levels 2 and 3 are occupied by a dentistry practice, while the remaining areas are currently vacant.
There is potential to add value to the property, either by continuing its commercial use or converting it into residential units. Additionally, further development can be done to enhance the back car park area.
Overall, 136 The Terrace presents an opportunity for various possibilities and is well-positioned to cater to the needs of businesses or residents due to its central location and available amenities.
For further information or to arrange an inspection contact:
Alistair Robertson on 021 418 647 or email [email protected]
Hamish Templeton on 029 127 0018 or email [email protected]
*Please note all floor areas are approximates only.
Features:
* Freehold add-value opportunity
* Five onsite car parks
* Own, occupy or invest