Auction: 2:00pm, Wednesday 26 August 2026 (unless sold prior) | Wallace Real Estate, Level 2, 167 Victoria Street West, Auckland
To watch the auction live copy and paste the URL into a browser - youtube.com/watch?v=oMRMI-QqZJs&feature=youtu.be
After almost 20 years of ownership, our vendor is committed to selling. For buyers prepared to look beyond the current building issues, Wednesday's auction could present an exceptional opportunity to secure a Freehold Auckland apartment at a price point rarely available in this location.
Demand within Harbour Suites has been very high, with almost every property brought to market recently selling. Buyers are increasingly recognising the potential value on offer.
This tidy studio is currently rented for $420 per week on a fixed-term tenancy through to February 2027, providing immediate income from settlement. With upgraded flooring and being sold furnished, it presents a straightforward investment proposition.
The location is difficult to beat. Britomart, Commercial Bay, the waterfront, universities and the CBD are all within easy walking distance, while residents enjoy access to a swimming pool, gymnasium, secure entry and on-site management.
Harbour Suites is currently undergoing remediation and remains subject to ongoing litigation. While buyers must carefully consider the associated risks and complete their own due diligence, this situation is also creating an opportunity to purchase in a prime Freehold downtown location at a significantly reduced entry level.
The successful purchaser will receive an assignment of the vendor's rights relating to the current legal proceedings. A comprehensive information pack is available covering the property, remediation and available litigation information.
With recent Harbour Suites properties selling and our vendor highly motivated, interested buyers should act now. Contact Dan or Rodney today to request the information pack, arrange a final inspection or register to bid in person or by telephone.
All conjunctional agents are welcome-if you have a buyer, we want to work with you.
assignmentLooking for more information on 11B/16 Gore Street?
Explore comparables, sales history and growth for this property.