Harcourts Cooper & Co - Property Listing
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Central Location Cash-Cow Re- development
5 Park Avenue, Grafton
Auction 08 Jun 2022
(Unless Sold Prior)
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Disclaimer: Auction may be brought forward at Vendor request.
Property Information

This rare opportunity at this central city location offers you the very unique large 771sqm level site with high-end development potential and great rental return while land banking.

Such a prime locationclose to Auckland Hospital and Newmarket Centrewalking distance to the Auckland Domain minutes to Auckland CBD,also surrounded by many of Auckland's best schools such as Newmarket SchoolAuckland Grammar and ACG Parnell.

The freehold property currently contains 6 individual flats ranging from 1-3 bedrooms6off street carparks and 1 lock up garage upgraded in recent years with re-pilingnew roofupgraded ceiling and underfloor insulation andreturningapprox$125.000 annual rental.

Zoned Mixed House Suburbanwith underground services in front (info took from Auckland Council Geomaps),this is an unique opportunity for development.

Site viewing available upon appointment call me today!

To view/download property files please visit: https://www.harcourtsfiles.co.nz/listings/RBDJ

Auction:
Auction:
WednesdayWed 8th Jun 20228th Jun 1:30 PM13:30 (34 Shortland Street, Auckland CBD)
Listing: TK38964
Contact Details
128 Hurstmere Rd, Takapuna
Takapuna
North Shore City
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