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.