11 & 15 Auburn Street

Takapuna, Auckland

Price By Negotiation

Listing: MJ55749


Unprecedented Tower Investment Opportunity
11 & 15 Auburn Street offers an unprecedented investment opportunity to own two substantial land holdings in the heart of Takapuna. 11 Auburn Street is a mostly undeveloped corner site with untapped development potential and 15 Auburn Street (all titles) a mixed use 5-level residential and commercial building comprising of 18 residential apartments and 4 commercial spaces. The two properties provide a total land area of approximately 1,757 m² and total building area of 1,871 sqm (more or less) consisting of a ground floor retail, offices, 18 residential apartments and 56 car parks. Zoned Business - Metropolitan Centre the properties benefit from an unlimited height limit, the potential of these properties is only what you make it! • 18 Residential Titles • 4 Commercial Titles • Prime corner position • Potential gross residential rental income of $546,520 p.a. • Potential commercial net income of $ 223,200 p.a. + GST • Total land area 1,757 sqm (more or less) • Total net lettable building area 1,871 sqm (approx) NAI Harcourts & Harcourts Cooper & Co are proud to exclusively offer 11 & 15 Auburn Street, Takapuna for sale by way of Price By Negotiation.
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1,757(more or less Land Area)

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Nicole Schaaf

Sales & Marketing Consultant

P

09 486 9235
Isaac Tankard

Commercial Sales & Leasing Consultant

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