Property Description

• City Centre Zone – 28.5m height limit
• A short stroll to Cuba Street
• Convenient to key arterial routes
• Existing building of 2,470sqm

Securing a significant development site in Te Aro is a rare opportunity. With northfacing orientation and unobstructed views and sun safeguarded by Karo Drive, the scarcity factor is undeniable.

Spanning over 3,000sqm, this elevated site offers versatile development potential under the new 28.5m height allowance, making it ideal for residential, mixed-use, or commercial projects.

Nestled near the border of Mount Cook, it enjoys expansive views towards the CBD and Victoria University, with a vibrant mix of apartments, hotels, and residential properties in the vicinity.

Flexible settlement options are available, with the vendors open to remaining as short-term tenants, providing an income stream to offset holding costs.

This is your chance to be part of Te Aro's transformation. Act now to secure this rare opportunity and shape the future.