Kilbirnie

Central City Development Site Five adjoining titles of 2434 sqm in total in the northern Moiety of section 122 Town of New Plymouth. The property is zoned Business D. This allows a wide range of business and residential uses and allows greater site coverage and height than a residential zone. The land is positioned between St Aubyn and Young Streets and to the eastern side of Dawson Street. These five sites are adjoining and form one relatively well shape block. The proximity to the central city, good profile to traffic flows on St Aubyn St. and attractive outlooks from an upper floor means the land would be well suited to a wide variety of uses such as residential section subdivision, residential apartment and/or office type use. It should be noted that the two buildings denoted by an X in the attached photo are not included in the sale and will be removed prior to settlement. The remaining three buildings are currently rented as two flats, a family home and a restaurant respectively. development,site,sections,sea view,commercial,residential. Current rental income Two flats $190 pw each 3 BDR house $320 pw Restaurant $500 pw