Sold
5E/31 Day Street,
Auckland Central, Auckland City
NZD 82,100
Property details
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Agents
Ray White Auckland Central: A T Realty Limited (REAA 2008)
3/246 Queen Street, Auckland Central Auckland City 1010
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Alakazam!!!
Auction: 12.30pm, Thursday 1 September 2022 (unless sold prior)
Location: In Rooms - 2 Lorne Street, Auckland Central
You don't need to be a magician, but you will need to be a cash buyer for this magic investment.
With remedial issues demanding a full makeover, this building is about to be transformed, as is the apartment itself with the balcony being enclosed into a winter garden.
Not only will you get the increased value of being in a building that's being given a new lease on life, on top of that, there is the increase to a very bank friendly approximate 50sqm.
With new builds selling for well over $15k per sqm around the corner, what's the value going to be when this building is freshly remediated?
Even at an average sale price in the city of approximately $10k a square meter you're sitting pretty.
To complete the offering add a secure car park into the equation, average values of which are fast approaching $100,000. So put away the calculator, this is a no brainer.
- FREEHOLD
- Approx. 50sqm, one bedroom unit once remediated
- One secure car park
- Great Layout
- Outstanding Location
Situated just off the eclectic K' Road which has also just gone through a major transformation.
Right next to the Beresford Street entrance to the underground rail loop currently being built, million-dollar, award winning apartments are just around the corner.
With so much happening in the area, the future's looking bright.
When it comes to resale - this is our pick for THE location on the move in the City Centre.
Our long term offshore owner has given us clear instructions that this property must be sold!
Contact Ryan for information and to arrange viewing.
Location: In Rooms - 2 Lorne Street, Auckland Central
You don't need to be a magician, but you will need to be a cash buyer for this magic investment.
With remedial issues demanding a full makeover, this building is about to be transformed, as is the apartment itself with the balcony being enclosed into a winter garden.
Not only will you get the increased value of being in a building that's being given a new lease on life, on top of that, there is the increase to a very bank friendly approximate 50sqm.
With new builds selling for well over $15k per sqm around the corner, what's the value going to be when this building is freshly remediated?
Even at an average sale price in the city of approximately $10k a square meter you're sitting pretty.
To complete the offering add a secure car park into the equation, average values of which are fast approaching $100,000. So put away the calculator, this is a no brainer.
- FREEHOLD
- Approx. 50sqm, one bedroom unit once remediated
- One secure car park
- Great Layout
- Outstanding Location
Situated just off the eclectic K' Road which has also just gone through a major transformation.
Right next to the Beresford Street entrance to the underground rail loop currently being built, million-dollar, award winning apartments are just around the corner.
With so much happening in the area, the future's looking bright.
When it comes to resale - this is our pick for THE location on the move in the City Centre.
Our long term offshore owner has given us clear instructions that this property must be sold!
Contact Ryan for information and to arrange viewing.
Explore the area
School catchments
- City 0-10 Composite Years 1-15 Private 0.28km
- Auckland Girls' Grammar School Secondary Years 9-15 State 0.33km
- The Busy Group New Zealand Limited Secondary Years 9-15 Charter 0.47km
- UP International College New Zealand Secondary Years 9-15 Private 0.54km
- Te Kapehu Whetu - Tamaki Secondary Years 9-15 Charter 0.56km
- Freemans Bay School Primary Years 1-6 State 0.69km
- Te Uru Karaka Newton Central School Primary Years 1-6 State 0.79km
- Aotearoa Infinite Academy Secondary Years 9-15 Charter 1.3km
- Galaxy International College Secondary Years 9-15 Private 1.4km
- St Mary's College (Ponsonby) Secondary Years 7-15 State integrated 1.5km
- Richmond Road School Primary Years 1-6 State 1.6km
- St Peter's College (Epsom) Secondary Years 7-15 State integrated 1.6km
- Auckland Grammar School Secondary Years 9-15 State 1.7km
- St Paul's College (Ponsonby) Secondary Years 7-15 State integrated 1.8km
- Ficino School Full primary Years 1-8 Private 1.8km
- Kōwhai Intermediate Intermediate Years 7-8 State 1.9km
- Ponsonby Intermediate Intermediate Years 7-8 State 1.9km
- Te Kura o Ngāti Whātua ki Tāmaki Secondary Years 9-15 Charter 1.9km
- St Joseph's School (Grey Lynn) Full primary Years 1-8 State integrated 1.9km
- ACG Parnell College Composite Years 1-15 Private 2.0km
- Marist Catholic School (Herne Bay) Primary Years 1-6 State integrated 2.0km
- Grey Lynn School Primary Years 1-6 State 2.1km
- Newmarket School Primary Years 1-6 State 2.1km
- Mt Eden Normal School Primary Years 1-6 State 2.2km
- Ponsonby Primary School Primary Years 1-6 State 2.3km
- Crimson Global Academy Secondary Years 9-15 Private 2.4km
- Bayfield School Primary Years 1-6 State 2.5km
- Epsom Girls Grammar School Secondary Years 9-15 State 2.8km
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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Contact Ryan Bridgman
Contact Ryan Bridgman
Ryan Bridgman
5E/31 Day Street, Auckland Central 1010
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Ryan Bridgman
5E/31 Day Street, Auckland Central 1010