42 Airedale Street
Auckland Central, Auckland City
Auckland Central, Auckland City
SOLD
6
4
MIXED USE
MULTIPLE OPPORTUNITES WITH 50 METRE HEIGHT RESTRICTION
$3,980,000 +GST if any
42 Airedale Street, Auckland Central location ABG AND AGG School Zone
This fantastic property currently comprises of three levels. The ground floor is a workshop/car park and is 252 m2 more or less, with space for at least 6 cars and has a 2.7 metre stud height. The space includes two separate bathrooms, a kitchen and lunch room area as well as an open space with a storage facility.
The middle floor is 300 m2 more or less and is currently occupied and rented commercially, perfect for office use or any professional business. This space includes a reception area, numerous offices, kitchenette, two bathrooms and a separate laundry area.
The top floor has a large 3 bedroom penthouse that boasts three bathrooms, separate laundry, a fabulous open plan living area and a sound proof media room. Additional to this floor is another apartment featuring 3 bedrooms, kitchenette, toilet and shower. The total floor size of the apartments is 298 m2 more or less.
This fantastic location sits on 319 m2 more or less of freehold land on the corner of Airedale and Lyndock Streets. Ultimate school zoning for Auckland Boy's Grammar School and Auckland Girls' Grammar School as well as being centrally located for AUT and Auckland University makes this position perfect for families.
Explore the opportunities as there is a height restriction of 50 metres, which means that it would be possible to build another level for apartments. Estimated rental income of $260,000-$300,000 per year gives this prospect an attractive return for a fantastic land bank for the future. You really need to view this property as there is unlimited scope to enhance what is already here.
Please call Eden or Emily to arrange a viewing time.
$3,980,000 +GST if any
42 Airedale Street, Auckland Central location ABG AND AGG School Zone
This fantastic property currently comprises of three levels. The ground floor is a workshop/car park and is 252 m2 more or less, with space for at least 6 cars and has a 2.7 metre stud height. The space includes two separate bathrooms, a kitchen and lunch room area as well as an open space with a storage facility.
The middle floor is 300 m2 more or less and is currently occupied and rented commercially, perfect for office use or any professional business. This space includes a reception area, numerous offices, kitchenette, two bathrooms and a separate laundry area.
The top floor has a large 3 bedroom penthouse that boasts three bathrooms, separate laundry, a fabulous open plan living area and a sound proof media room. Additional to this floor is another apartment featuring 3 bedrooms, kitchenette, toilet and shower. The total floor size of the apartments is 298 m2 more or less.
This fantastic location sits on 319 m2 more or less of freehold land on the corner of Airedale and Lyndock Streets. Ultimate school zoning for Auckland Boy's Grammar School and Auckland Girls' Grammar School as well as being centrally located for AUT and Auckland University makes this position perfect for families.
Explore the opportunities as there is a height restriction of 50 metres, which means that it would be possible to build another level for apartments. Estimated rental income of $260,000-$300,000 per year gives this prospect an attractive return for a fantastic land bank for the future. You really need to view this property as there is unlimited scope to enhance what is already here.
Please call Eden or Emily to arrange a viewing time.
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