Sold
142 Riddiford Street,
Newtown, Wellington City
NZD 600,000
Property details
-
Agents
Apartment + shop @ 142 Riddiford St
In the heart of the Riddiford St shopping & hospitality cluster. An opportunity to purchase in this tightly held commercial zone as this property is on the market for the first time in 25 years,
The vendor wants it sold for genuine personal reasons and is prepared to sell at a serious discount on the latest Quotable Value rating valuation of $1.247 million. Now asking $650,000 including GST (if any).
This 100 year old brick building on Newtown's main shopping street has a 30m2 retail space leased to the iconic French Cancan Cafe https://www.frenchcancan.nz/
The apartment above the shop is accessed from a doorway on Riddiford Street. It has two bedrooms, shower/toilet, kitchen and a separate living/dining room. Until recently this has been leased for around $500 per week but is currently vacant. There is a possibility to create a second flat quite cheaply as there is another kitchen and living space on the ground floor with a sleepout/storage area and courtyard.
As the building is old and a maximum of 35% of the NBS seismic code, a new owner might choose to rebuild in this historic shopping zone. A property information report (PIR) is available by request.
Inspection is by appointment only. Please email or call David Bradford to arrange a suitable time.
The vendor wants it sold for genuine personal reasons and is prepared to sell at a serious discount on the latest Quotable Value rating valuation of $1.247 million. Now asking $650,000 including GST (if any).
This 100 year old brick building on Newtown's main shopping street has a 30m2 retail space leased to the iconic French Cancan Cafe https://www.frenchcancan.nz/
The apartment above the shop is accessed from a doorway on Riddiford Street. It has two bedrooms, shower/toilet, kitchen and a separate living/dining room. Until recently this has been leased for around $500 per week but is currently vacant. There is a possibility to create a second flat quite cheaply as there is another kitchen and living space on the ground floor with a sleepout/storage area and courtyard.
As the building is old and a maximum of 35% of the NBS seismic code, a new owner might choose to rebuild in this historic shopping zone. A property information report (PIR) is available by request.
Inspection is by appointment only. Please email or call David Bradford to arrange a suitable time.
Explore the area
School catchments
- Newtown School Primary Years 1-6 State 0.20km
- St Annes School (Newtown) Full primary Years 1-8 State integrated 0.25km
- South Wellington Intermediate Intermediate Years 7-8 State 0.60km
- Wellington College Secondary Years 9-15 State 1.0km
- Berhampore School Primary Years 1-6 State 1.0km
- St Catherines College (Kilbirnie) Secondary Years 9-15 State integrated 1.2km
- Wellington East Girls' College Secondary Years 9-15 State 1.3km
- Kilbirnie School Primary Years 1-6 State 1.3km
- Te Kura o Tawatawa - Ridgway School Full primary Years 1-8 State 1.3km
- Brooklyn School (Wellington) Full primary Years 1-8 State 1.3km
- St Mark's Church School (Mt Victoria) Full primary Years 1-8 Private 1.3km
- St Patrick's School (Kilbirnie) Full primary Years 1-8 State integrated 1.3km
- St Patrick's College (Kilbirnie) Secondary Years 9-15 State integrated 1.4km
- Wellington High School and Com Ed Centre Secondary Years 9-15 State 1.4km
- Evans Bay Intermediate Intermediate Years 7-8 State 1.5km
- Mt Cook School (Wellington) Full primary Years 1-8 State 1.7km
- Lyall Bay School Primary Years 1-6 State 1.7km
- Clyde Quay School Full primary Years 1-8 State 1.9km
- Rongotai College Secondary Years 9-15 State 2.0km
- Te Aro School Full primary Years 1-8 State 2.3km
- Hataitai School Full primary Years 1-8 State 2.4km
- Scots College Composite Years 1-15 Private 3.6km
- St Mary's College (Wellington) Secondary Years 9-15 State integrated 4.1km
- Wellington Girls' College Secondary Years 9-15 State 4.2km
- Samuel Marsden Collegiate School Composite Years 1-15 Private 4.3km
- TKKM o Nga Mokopuna Composite Years 1-15 State 4.5km
- Queen Margaret College Composite Years 1-15 Private 4.5km
- Altum Academy Secondary Years 7-15 Charter 4.6km
- Onslow College Secondary Years 9-15 State 9.1km
- Wellington Hills Christian College Composite Years 1-15 State integrated 10.0km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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