Prime Wellington Development Opportunity

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Prime Wellington Development Opportunity

100 Cable Street, Te Aro, Wellington City

As Exclusive Agents, CBRE New Zealand is pleased to present to the market 100 Cable Street, Te Aro, Wellington; a substantial development opportunity in one of Wellington’s most sought-after city fringe locations. Positioned on the prominent corner of Cable and Chaffers Streets, the property occupies a strategic position within proximity to the Waterfront, Te Papa, and Tākina Convention Centre.

Investment Highlights:

Prime Te Aro location: High-profile corner site in a vibrant and rapidly evolving precinct, within easy walking distance of the CBD, Waterfront, and key city amenities.

Significant landholding: Comprising approximately 2,044sqm of freehold land with extensive frontage to both Cable and Chaffers Streets.

Development potential: Zoned ‘City Centre’ with a maximum building height of approximately 42.5 metres, providing scope for a range of future development options.

Holding income: Currently leased to Wilson Parking, providing short-term income whilst future plans are considered.

The property is being offered for sale by Deadline Private Treaty, closing Wednesday 2nd September 2026 at 4:00pm (unless sold prior). Interested parties can access further information and due diligence material via the Electronic Data Room.

Opportunities of this scale and prominence are rarely available in Wellington’s waterfront precinct. CBRE recommends early consideration and welcomes enquiries from developers, investors, owner occupiers and land-bankers seeking a prime development opportunity.

For further information, please contact one of the nominated brokers.