CORNERSTONE DEVELOPMENT OR DEMOLISH

131 Ruataniwha Street, Waipukurau

-Floor areas: 1850m2
-Land area: 2567m2
-Add-value - 33% site coverage undeveloped
-Onsite carparks
-Not listed as a heritage building

The Tavistock building, once a thriving corner street restaurant and bar has struggled over recent years with a shift in pub culture and the now tired exterior which has stolen the buildings original appeal. A new serge in activity and demand for the top end of Ruataniwha Street has now created a great opportunity to secure a cornerstone site with fantastic exposure and location. Not heritage listed, the building can be demolished or redeveloped to accommodate the growth in Waipukurau and increasing demand for higher quality commercial space. With over 33% of the site underutilised there is scope to extract additional development value from the property.

This is the single best corner site in Waipukurau's main retail strip, with profile, size, development prospects, access, and location. Buy and hold or buy and develop, the building offers a solution to Waipukurau's commercial growth.

By Negotiation

Legal Description

Freehold
Lot: 2 DP: 8646
CT: HBM4/145
Being more particularly described in the attached Certificate of Title. Free of all charges

Land Area

2,567 m2

Floor Area

1,850 m2

Year Built

1920-29

Jack Elliott

Commercial Sales