16 Cambridge Street, Tawa, Wellington, 5028, New Zealand
Those with an eye for a top location will see the huge potential offered by this 1940s home and offered to the market or the first time in over 45 years. Sitting in a high density zone which allows for a height of 21m, (or up to 6 stories subject to resource consent) the land banking and future development options here could not get any better.
For those looking for a savvy investment there are loads of options:
• Build multiple townhouses
• Renovate and upgrade the home that your family will love for the next generation
• Land bank and rent until you are ready (subject to residential tenancy regulations).
Harnessing the best of architectural design will ensure any development becomes the talk of the town and the popularity of this well-heeled suburb, close to the CBD will always endure. Embrace this chance and reap the rewards, now or in the near future.
The home itself is spacious has 3 bedrooms and been well cared for. It has a separate single garage, and a lovely flat backyard with room for all the family. It is ripe for upgrading and to transform into a fabulous family home if that is your preference.
