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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 Deadline Treaty by Thursday 27th June @ 4pm (if not sold prior).