8 Papakowhai Road, Papakowhai, Porirua, Wellington, 5024, New Zealand
This rare find is a developer’s dream. Consisting of a 2883sqm north facing corner site with water views, bounded by Papakowhai Road and Whitford Brown Avenue, and with scope for a multitude of options including but not limited to a multi-unit development, all set in a prime location.
Benefit from an excellent return on your investment while plans and approvals are being sought, with the two x two-bedroom units on the site, currently being run as AirBNB accommodation, they each generate an excellent return to help offset holding costs.
The two properties were renovated in 2021 and both feature a modern kitchen, spacious living area with indoor/outdoor flow and great sunny decks overlooking the inner Porirua Harbour. One property enjoys an internal access garage.
This site is located in a super convenient location opposite the very popular Aotea Lagoon, close to schools, shops, public transport and the local Porirua business hub.
