Overview
- Updated On:
- October 16, 2023
Description
Development Opportunity, CBD, Auckland
Bare Land, #11 Karaka Street, Eden Terrace, Auckland CBD
This is an opportinity to purchase this bare land in Auckland CBD, for future development.
Please also see my other listing for the #13 Karaka Street, which currently has a 15 room hostel generating rental income, vendor estimates more than $200,000 per year rental potential. Should you purchase both #11 and #13 then your development potential becomes combined land area of approximately 550 sqm and concept drawing plans have been drawn as a proposal for an 84 Apartment building with underground car parking.
Call now for more information:
Stephen Hudson
0274 746 774
REA Licensed & MREINZ
Home Real Estate Limited t/a New Zealand Property
Licensed REAA 2008
Disclaimer
The New Zealand Incorporated Companies involved with this website; Hudson Global Limited, New Zealand Property Limited, Home Limited and Spectreum IT Limited, state with this disclaimer that all information is provided directly by the advertisers and the purchaser agrees when they enquire to purchase any property, that they agree to conduct their own property investigations (due diligence), including where applicable seek legal advice, check local council records and engage professionals to investigate the state and condition of building(s), you should be satisfied that any adviser or building inspector providing you with a report that this is to the New Zealand Standards and the provider is covered by professional indemnity insurance, conduct all checks and seek legal advice before you commit to buying any property.