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A28 Lorne Street, Auckland Central
$3,875,000+ listed in Jun 2016
Commercial:
Land size: 263 sqm | Building size: 623 sqm [Measure]
Agent: Wilson Hurst Real Estate Services (North) Ltd Auckland Central

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Property Description:
Wilson + Hurst has been appointed exclusively by the Vendor to market the property 'For Sale by Tender'.



Closes: Wednesday 18th of May 2016.

All Tenders must be received by 4:00pm at Level 2, 28 Lorne Street, Auckland Central, Auckland 1010 (unless sold prior)



INVESTMENT HIGHLIGHTS

+ Rare opportunity to purchase in tightly held

location in the Central Business District

+ Three level character building

+ Ground floor retail with two floors of office or studio space

+ Five tenancies offer split risk investment

+ Demo clauses offer development possibilities

+ Suits investors, land bankers and developers

+ Close to Wilson & Auckland Transport car parking buildings



Situated in the Arts and Education Precincts of the CBD, this three level character building is a sound investment offering a unique combination of income and development potential.Sitting on 263sqm of freehold land (approx.) and with a significant holding income of $219, 345 pa from the five tenancies in place, this property will suit investors, land bankers and developers alike. Take advantage of this strong commercial market and claim your piece of the city now.



Inspections by appointment only.



Finn Hurst +6427 688 8970

finn@wilsonhurst.co.nz



Laura Osborne +6421 969 480

laura@wilsonhurst.co.nz
Property valuation from Government
Nearby Schools:
NameTypeDecileDistance
ACG Senior CollegeSecondary10199 meters
Balmoral S D A SchoolPrimary5313 meters
Viscount SchoolPrimary1313 meters
ACG New Zealand International CollegeSecondary7524 meters
MindAliveCombined99535 meters
>>More schools

The property data is from the public websites.

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