Strategic Opportunity in Central City, High profile corner site on the corner of Pitt Street and Hopetoun Street in the heart of the Auckland CBD. Freehold title of approx. 210 square metres (more or less) of commercial space, great outlook with a North/East facing aspect with an abundance of natural sunlight.
Option 1
The current owner is currently applying for a Resource Consent for 3 (1 bedroom plus 1 Study & floor area apox around 55.66m2 ) apartments.
Option 2
you could look it as an investment
Floor area of 210m2 @ say $250 - $ 300 psm = Potential rental of $52,500 - $63,000 (advise that is not a registered value).

The choice is yours, the potential huge - here's the opportunity you have been waiting for! Investors, Owner Occupiers and developers need to inspect.