18 Utauta Street, Waikanae, Kapiti Coast, Wellington, 5036, New Zealand
Option 1: Renovate
Transform the existing home into your own central Waikanae paradise. Set on a large established section with plenty of room for kids and pets and space, within walking distance of the train station, Waikanae Village, and Waikanae School.
The existing dwelling offers:
• Large sunny living area
• 4 bedrooms and 1 bathroom
• Spacious kitchen and butlers pantry
• Multiple heating options
• Carport with plenty of room for a garage
Option 2: Extended Family
With such a large section, this site is perfect for extended families looking for space to build an additional dwelling to cater for multi-generational living. The existing dwelling is positioned at the rear of the site which offers the ability to create combined yet separate spaces to accommodate the whole family. Whether it is elderly parents, teenagers, or older ‘kids’ who keep finding their way back home, 18 Utauta Street might just be the perfect fit.
Option 3 : Maximise
Recent District Plan changes have placed 18 Utauta Street in the High Density Residential Zone meaning there is the opportunity to develop this 1862 m2* central site to maximise your return on investment. The current owners had carried out some initial feasibility investigations that would have allowed 4-5 lots on the site, and now with zoning rule changes a plot this size could accommodate much more. Tenanted at $700/week, you can collect an income while you put together plans for the site!
Is the best option single-level detached dwellings? Stylish townhouses? Or a multi-storied offering? Come walk this site in person and start crunching your numbers!
This is now surplus to requirements, and our vendors want to free up capital for their next venture!
