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Originally built in 1899 over just 3 levels, few will know that this building was once home to a drapery department store called 'The John Courts Building'. It wasn't until 1916 that another 3 levels were added in the same stunning Victorian Italianate style to create the iconic complex many know and love today.
Due to being strengthened in the late 90's-Early 2000's the earthquake rating is one of the highest you will find in a character building. Already standing for more than 120 years, it's fair to say the now regally named 'Queen Victoria Building' has stood the test of time.
Character apartments are already scarce in today's market, they make up less than 5% of total apartments in Auckland CBD, and if they pass the earthquake test, they are generally the most sought-after apartments out there. Due to the costs involved, they can never be replicated, and as time goes on, our city continues to grow and they only become even more of a rarity. Rarity = Value think Think Antique...
Take into account the development planned for the area. You are located just 100-350m from the entrances to the new City Rail Link's Aotea Station, right in the midst of plans for Victoria St's linear park and surrounded by plans for a $133M revamp of Auckland's Midtown. The future potential for capital gain is glaring!
Viewings by appointment: I look forward to seeing you there shortly.
Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.
