Positioned on approximately 5,111sqm of flat land across two separate titles, 1-15 and 19-33 Manderson Grove comprises of four two-storey apartment blocks, each containing four three-bedroom, one-bathroom apartments, providing a total of sixteen apartments.
Offering considerable scope to refurbish, modernise and add value, these properties present an appealing opportunity for investors, developers and land bankers looking to secure a substantial investment in an established Lower Hutt location.
Beyond these two properties, the opportunity becomes even more compelling, with neighbouring properties also available for purchase. Collectively, the four titles encompass approximately 9,145sqm of predominantly flat land, providing purchasers with the flexibility to acquire individual properties or secure a significant landholding with considerable future potential.
The wider offering includes:
•1-15 Manderson Grove: 2,359sqm with eight three-bedroom apartments.
•19-33 Manderson Grove: 2,752sqm with eight three-bedroom apartments.
•2-22 Manderson Grove: 3,066sqm with eight three-bedroom apartments and four studio flats.
•17 Manderson Grove: 968sqm with an existing three-bedroom home.
Purchasers can acquire individual properties or explore securing the entire holding, offering potential for refurbishment, investment or comprehensive redevelopment, subject to council and regulatory approvals.
Conveniently positioned in the established suburb of Fairfield, the properties enjoy easy access to local shops, cafes, schools and public transport, with Lower Hutt's wider amenities just a short distance away.
Purchase individually, secure the two-property portfolio or explore the entire 9,145sqm Manderson Grove opportunity.
