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 sqm 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 Deadline Private Treaty closing at 4.00pm on 27th June 2024 (unless sold prior).
For more information and an appointment to view this property, please contact the agents at NAI Harcourts Cooper & Co today.