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Carterton 50 Memorial Square, Carterton

ID FEC203718
By Negotiation

Prime CBD Opportunity - Renovate or Redevelop

Positioned in the heart of Carterton's town centre, this high-profile 1,131m2 (approx.) commercial site offers exceptional potential for renovation or full redevelopment. With two compelling options, this property presents a rare opportunity for developers, investors, or owner-occupiers looking for a strategic site with real upside.

Option 1 - Renovate
The site features a 630m2 (approx.) high-stud commercial building. While earthquake strengthening is required, there's significant opportunity to upgrade the existing structure and create dual tenancies - ideal for retail, office, or flexible commercial use.

Option 2 - Redevelop with Plans in Place
Alternatively, clear the site and start from the ground up. Architectural plans and resource consent are already in place for an apartment developmen - an exciting proposition for those ready to capitalise on Carterton's growing demand for quality housing and mixed-use projects.

Key features:
•1,131m2 commercial land in a prime, high-visibility location
• 630m2 high stud building with redevelopment/upgrade potential
• Architectural plans & resource consent for apartment development available
• Excellent street frontage and exposure

This is a strategic and versatile site with outstanding future potential - whether you're looking to add value through refurbishment or pursue a full-scale redevelopment, the groundwork is already in place. Opportunities of this calibre in Carterton's town centre are rare. Don't miss your chance to secure a prominent position and play a key role in shaping the next phase of growth in the heart of the Wairarapa.

** Plus GST (if any)
Features
Area | 630.00m2Land | 1131 m2Rates | 5977.90RV | 401,000
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Greg Ariell

M  027 435 6327  P  06 379 7876

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