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Property

11H/16 Gore Street, Auckland Central NZ

Auction (unless sold prior)

1 1

Whoppertunity!

Auction: 12.30pm, Thursday 28th July 2022 (unless sold prior)
Location: In Rooms - 2 Lorne Street, Auckland Central

Situated in the supremely located Harbor Oaks building in downtown Auckland, this apartment offers probably the biggest upside you will find on the market today.
In the thick of it all with the Britomart precinct, Viaduct Basin and downtown Auckland all on your doorstep.
Harbor Oaks benefits from a 24/7 reception area, swipe card security access and all residents have access to a pool and gym area.
Unit 11H sits on the favoured and sunny western side of the building with a peak of the downtown and harbour area.
A FREEHOLD and spacious one bedroom apartment clocking in at approx 39sqm according to council records.
Harbour Oaks has some remedial and weather tightness defects and is currently involved in a compensation claim with Auckland Council.
The owner of 11H is part of this litigation and will assign their rights to any compensation to the new purchaser.
Huge upside on offer here where a patient and savvy owner can buy now at a level well below market value and reap the rewards once the building remediation is complete.
With nearby buildings selling for 12,000 - 16,000 per sqm you can imagine the future value on offer.
Our owners have taken these issues into account when pricing the property and left a huge opportunity for the next owner.
Contact Ryan today for a comprehensive information pack or to arrange viewing.

Features

Property ID
CTA40477
Bedrooms
1
Bathrooms
1
Floor Area
39.00 sqm

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