Auburn Street, Takapuna, Auckland

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 $ 542,806 p.a. 
* Potential commercial net income of $ 224,095 p.a.
* 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).