DECLARED RESERVE $49,000!

Auction: 12.30pm, Thursday 21st April 2022 (unless sold prior)
Location: In Rooms - 2 Lorne Street, Auckland Central

Nothing is beyond redemption, even this flawed character.
Spacious freehold studio with generous deck in the defective character Connaught building is seriously up for grabs. Rented for $365 per week to a single professional we are calling all cash buyers, risk takers and long term investors to park some of their spare change here.
A ridiculously good opportunity exists in this famous building on Waterloo quadrant located in the heart of the legal and education precinct with huge upside to look forward to once fixed. A repair solution awaits the building and is progressing, for the brave of heart once completed that represents years of peace of mind and extraordinary capital gain for pennies on the dollar.
Join the army of other speculators and grab this one for yourself before they all sell out, sometimes all you have to do is follow the leader and the rewards will follow.
Our sellers need no more council and are not hanging around having enjoyed stable rental income decade on decade, the decision is unemotional, out it goes.
FINAL OPEN HOMES SUNDAY THE 17TH APRIL 1;30PM TO 2PM.

Explore the area

School catchments

Galaxy International College Secondary Years 9-15 Private 0.33km
Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 0.34km
UP International College New Zealand Secondary Years 9-15 Private 1.0km
Crimson Global Academy Secondary Years 9-15 Private 1.1km
Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 1.1km
Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.2km
The Busy Group New Zealand Limited Secondary Years 9-15 Charter 1.3km
City 0-10 Composite Years 1-15 Private 1.3km
Freemans Bay School Primary Years 1-6 State 1.7km
Parnell School Full primary Years 1-8 State 1.7km
ACG Parnell College Composite Years 1-15 Private 1.8km
Auckland Girls' Grammar School Secondary Years 9-15 State 1.8km
St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 2.1km
St Peter's College (Epsom) Secondary Years 7-15 State integrated 2.2km
Te Uru Karaka Newton Central School Primary Years 1-6 State 2.3km
Auckland Grammar School Secondary Years 9-15 State 2.3km
Newmarket School Primary Years 1-6 State 2.5km
Ponsonby Intermediate Intermediate Years 7-8 State 2.8km
Stanley Bay School Primary Years 1-6 State 2.8km
Richmond Road School Primary Years 1-6 State 2.9km
Ficino School Full primary Years 1-8 Private 2.9km
Ponsonby Primary School Primary Years 1-6 State 2.9km
St Michael's Catholic School (Remuera) Primary Years 1-6 State integrated 3.0km
St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 3.0km
Victoria Avenue School Primary Years 1-6 State 3.1km
Ecole Francaise Internationale Auckland Primary Years 1-6 Charter 3.1km
Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 3.2km
Epsom Girls Grammar School Secondary Years 9-15 State 3.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.

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