71-75 Spenmoor Street Newlands, Wellington City

Land Area: 1254sqm (Combined across 3 titles)

A rare and highly lucrative opportunity has presented itself for developers and investors to capitalize on Wellington's high-demand suburb. Situated in a sunny, elevated pocket of Newlands, this generous 1254sqm site comes with resource consent fully approved for eight high-quality townhouses-allowing you to bypass the planning phase and get straight to work.

With strong buyer demand for modern, spacious homes in the northern suburbs, this project has been conceptualized to deliver exactly what the current market dictates.

The Development:
The consented plans feature eight intelligently designed townhouses, each offering private backyards and excellent indoor-outdoor flow.
• Flexible Layouts: The current approved floorplans feature 3 double bedrooms and Open plan living.
• Outdoor Living: Renders showcase attractive, contemporary facades and private, easy-care backyards-a highly sought-after feature for buyers in this suburb.
• Generous Footprint: Spanning a combined 1254sqm across multiple titles, the site offers a substantial and workable canvas for construction for 8 Townhouses with approx 160sqm floor area for each.

The Location & Lifestyle:
Spenmoor Street is highly regarded for its fantastic sun profile, quiet suburban feel, and stunning elevated views. Newlands is a rapidly appreciating, family-friendly neighborhood that continues to draw first-home buyers, busy professionals, and families alike.
• Amenities: Only minutes away from the Newlands Shopping Centre, supermarkets, medical centers, and local cafes.
• Education: Zoned for and in close proximity to excellent local schools, including Newlands College and Newlands Intermediate.
• Connectivity: Just a 10-15 minute commute to the Wellington CBD, with easy access to main arterial routes, the motorway..

The Bottom Line:
With resource consent secured, the planning risk has been eliminated. This project designed for maximum market appeal in a location where well-built, 3-bedroom townhouses are in shortage - this Spenmoor Street site is primed for a profitable return.

Please ring Jim Bagley on 022 199 0172 for more information