Offshore owner is out. DECLARED RESERVE, $20,000. yes you're reading it right, only five zero's. $20K.
With pending plans to remediate the building, you'll need to be a cash buyer with an appetite for upside (please contact me for full information). Once complete, the transformation of this complex will position it among the CBD's most desirable addresses.
Bathed in light and soaring to approximately 5 meters, this double-height one bedroom in Harbour Oaks is a rare find. Positioned on the first floor with an outlook over Gore Street, it delivers instant city convenience and exciting potential. Other apartments with the same layout have added a mezzanine and second bedroom, massively improving rent and value, subject to the usual approvals.
Step inside and the volume is the hero. Large glazing amplifies the sense of space, while the clever division of space equates to what is essentially a one-bedroom layout. Whether you are seeking a high-performing city pad or a smart add-value project, this is the canvas.
Currently occupied by a reliable tenant on a periodic tenancy paying $425 per week, the property provides immediate income with strong rental appeal.
Harbour Oaks offers 24/7 reception, swipe-card security, a well-equipped gym, and a heated pool. From here it's minutes to Britomart, the Viaduct, Queen Street and the Universities, with cafés and dining in every direction.
Key details
• One Bedroom with double-height stud (approx. 5 m)
• Floor area: Approx. 47 sqm
• Tenure: Stratum in Freehold
• Amenities: 24/7 reception, swipe-card access, gym, heated pool
Auction
Offshore owner wants out, leaving a huge opportunity.
Being sold by Auction on Thursday 6 November at 12:30 pm (unless sold prior) with a declare reserve of only $20,000.
Contact
For the information pack or to arrange a viewing, contact Chris Cairns on 021 201 7715.
