Overview
- Updated On:
- October 16, 2023
- 15 Bedrooms
- 3 Bathrooms
- 378 m2
Description
Development Opportunity, Auckland CBD
Development Opportunity, CBD, Auckland
We are marketing two properties, side by side in the CBD Fringe of Auckland.
This is a unique and rare find with two properties for sale at the same time, with development potential
#13 This is the existing accommodation hostel of 15 rooms. Vendor has rental potential of more than $200,000 per year.
Please also see my listing of the Bare Land, #11 Karaka Street, Eden Terrace, Auckland CBD, next door. The combined land area of 550 sqm with concept drawings available for an 84 apartment building or a hotel. Other options might be for a carpark building.
This is an opportinity to purchase in Auckland CBD, for future development with immediate cashflow from the hostel.
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.