Property Description

• Two adjoining freehold sites totalling 1,238sqm with dual street access
• Zoned ‘Centre’ – 42.5m height under Wellington’s Draft District Plan
• Prominent location near Wellington Hospital and key southern arterial routes
• Returning gross income $108,947pa + GST
• Strong long-term potential for large-scale mixed-use redevelopment
These two standalone properties on Adelaide Road present a strategic landholding in one of Wellington's most tightly held mixed-use corridors.
Positioned close to Wellington Hospital and Woolworths supermarket with excellent exposure and access from both Adelaide Road and Hanson Lane, the properties provide holding income from an established tenant while offering genuine longterm
redevelopment potential.
With flexible zoning and significant proposed height allowances supporting largescale intensification, this is a rare opportunity to secure scale and location now - and unlock value when the timing is right.