4C/16 Gore Street, Auckland Central, Auckland City

4C/16 Gore Street, Auckland Central, Auckland City, Auckland
Smart CBD Investment - Receivership Sale

PLEASE BE ADVISED:

• This is a receivership sale and applicable sale terms and conditions apply.

• The property is being sold plus GST

A well-located city asset offering strong net returns and long-term potential - this is a rare opportunity for investors seeking income and upside.

Offered by the Receiver, this 27sqm freehold studio apartment sits in the heart of Auckland's CBD. Leased to MH Management (NZ) Limited at $1,820 per month (gross) until June 2026, this sunny and partially finished unit delivers steady income with minimal upkeep.

This is a must sell!

The property is part of an ongoing building defects claim currently before the Court of Appeal. A customized Deed of Assignment will pass any rights or benefits permitted under the claim to the purchaser at settlement. The Body Corporate continues to actively pursue the recovery of remediation costs through legal channels.

For Sale by Auction (unless sold prior):

12PM, Thursday 19 June 2025

In-room, Harcourts Mt Albert - 4 Mount Albert Road, Mt Albert

Disclaimer (receivership sale): The legal proprietor of the property is in receivership and in liquidation. While every effort has been made to compile information with care, information has been sourced by or on behalf of the property owner from third party sources. Any information and summaries of information used in the promotion and marketing of the property have been provided and intended as indicative overviews only and should not be relied upon as expert advice or verifiable information. Neither the vendor, the receiver, nor any agent or representative acting on their behalf - including Harcourts NZ, Harcourts JK Realty Group Limited and its licensees, nor Development Projects - neither make or have made any representation, nor do they give any warranty (express or implied) as to the accuracy, content, completeness, value or otherwise of, nor have or accept any present or future liability in respect of, any information (written, oral or otherwise) directly or indirectly, or accept any liability whatsoever for any errors or omissions in information provided by or made available by any real estate agent to any prospective purchaser in connection with sale and purchase of the property. The information and promotional material is made available to prospective purchasers for general information purposes only. In all circumstances, we strongly recommend that buyers obtain independent technical and legal advice and undertake their own comprehensive due diligence investigation before making any decision to purchase the property or otherwise.