Very seldom in Wellington do opportunities like what 20 Aparima Avenue offers come to the market!

The combination of a large flat site with a very generous street frontage and wide driveway, all day sun plus a highly sought-after location makes for an extremely rare development opportunity.

Builders and Developers will automatically realise the obvious potential for a multi-Townhouse development this site offers especially with the new intensification site coverage rules.

With a shortage of quality new homes available that so much of the marketplace want and the tax advantages for investors buying new builds this is truly a unique offering.

Vendor obtained provisional consent from the Council to build two architecturally-designed townhouses on the back even before the changes to the subdivision rules that make it even easier. It also has a surveyor’s scheme plan for a subdivision. Build on the back as is or redevelop the entire site with an intensive multi-townhouse development. Or just land bank.

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Features include

*  706 square metre site of flat land

*  Driveway is 4.5m wide

*  Three / Four bedroom house at the front of the property

*  The house is currently tenanted at $595 per week giving you an immediate passive income

*  All day sun, year-round from dawn to dusk

*  Easy walk to Miramar Village shops and cafes, New World Supermarket, Schools and bus stops